Meetings / Feb 15, 2017 / Item 37

Item 37

approved lease

Feb 15, 2017

Description

Authorize the Division of Forests and Lands to enter into a newly enacted lease agreement with Northeast Wireless Networks LLC, Falmouth, ME, for equipment and antenna space in designated areas at Cannon Mountain in Franconia Notch State Park. Effective upon G&C approval through December 31, 2021, with the option to renew for three additional 5-year periods. (A prior lease was approved by G&C on 1-14-15, item #22 for a 5-year period from 1-1-15 through 12-31-19). (2)Further authorize to accept annual rental payments of: $39,583.44 for 2017; $40,770.94 for 2018; $41,994.07 for 2019; $43,253.89 for 2020, and $44,551.51 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 Tower Fund account.

Amount

$44,552

$39,583.44, $40,770.94, $41,994.07, $43,253.89, $44,551.51

Department

DEPARTMENT OF RESOURCES AND ECONOMIC DEVELOPMENT

Vendor

Northeast Wireless Networks LLC

Falmouth, ME

Funding Source

3% yearly increase detailed in the terms of the lease and will be deposited in to the Tower Fund account

Vote Record approved

Motion by Pappas, seconded by Volinsky

Joseph Kenney (R) yes

Andru Volinsky (D) yes

Item 37

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