Meetings / Feb 15, 2017 / Item 36

Item 36

approved lease

Feb 15, 2017

Description

Authorize the Division of Forests and Lands to enter into a lease agreement with NH #1 Rural Cellular Inc., Chicago, IL, for equipment and antenna space in designated areas at Kearsarge Mountain in Kearsarge Mountain State Forest. Effective upon G&C approval through February 14, 2022, with the option to renew for three additional 5-year periods. (2)Further authorize to accept annual rental payments of: $39,967.32 for 2017; $41,166.36 for 2018; $42,401.40 for 2019; $43,673.40 for 2020; and $44,983.56 for 2021. The rental payments are based on a 3% yearly increase detailed in the terms of the lease and will be deposited in to the Communications Sites Fund account.

Amount
$44,984
$39,967.32, $41,166.36, $42,401.40, $43,673.40, $44,983.56
Vendor
NH #1 Rural Cellular Inc.
Chicago, IL
Funding Source
3% yearly increase detailed in the terms of the lease and will be deposited in to the Communications Sites Fund account
Vote Record approved
Motion by Pappas, seconded by Volinsky
Joseph Kenney (R) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes

Documents (1)

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