TRANSMITTAL LETTER FOR BOARD MEETING OF SEPTEMBER 3, 2020
COMMITTEE ON REAL ESTATE
Brian A. Perkovich, Executive Director
Title
Consent to an assignment of easement from Kovas Communications, Inc. to Evanston Broadcasting LLC, for the use of 84,398 square feet of District property located within the Terrence J. O’Brien Water Reclamation Plant at 3500 W. Howard Street in Skokie, Illinois for the operation and maintenance of four (4) freestanding radio transmission antenna towers, a transmitter building, an underground grid system and appurtenances related thereto. Consideration shall be a document preparation fee of $5,000.00
Body
Dear Sir:
On June 20, 2013, the Board of Commissioners authorized the District to grant a 25-year non-exclusive easement to Kovas Communications, Inc. (“Kovas”) for use of 84,398 square feet of District property located within the Terrence J. O’Brien Water Reclamation Plant at 3500 W. Howard Street in Skokie, Illinois, for the operation and maintenance of four (4) freestanding radio transmission antenna towers, a transmitter building, an underground grid system and appurtenances related thereto. The easement expires June 30, 2038. Kovas’ current annual easement fee is $95,929.27. The easement allows Kovas to assign the easement subject to the District’s written consent.
Kovas is requesting the District’s consent to assign its easement to Evanston Broadcasting LLC (“Evanston Broadcasting”). Evanston Broadcasting’s use of the easement premises is the same as Kovas’ use under the easement.
The District’s Finance Department has reviewed Evanston Broadcasting’s financial and company background information and reports that Evanston Broadcasting demonstrates the financial resources to meet the annual fee obligation under the easement.
It is requested that the Executive Director recommend to the Board of Commissioners that it consent to an assignment of easement from Kovas Communications, Inc. to Evanston Broadcasting LLC, for the use of 84,398 square feet of District property located within the Terrence J. O’Brien Water Reclamation Plant at 3500 W. Howard Street in Skokie, Illinois for the operation and maintenance of four (4) freestanding radio transmission antenna towers, a transmitter building, an underground grid system and appurtenances related thereto. Consideration shall be a document preparation fee of $5,000.00.
It is also requested that the Executive Director recommend to the Board of Commissioners that it authorize and direct the Chairman of the Committee on Finance and the Clerk to execute the Consent to Assignment of Easement Agreement after it is approved by the General Counsel as to form and legality.
Requested, Susan T. Morakalis, General Counsel, STM:EMA:vp
Recommended, Brian A. Perkovich, Executive Director
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for September 3, 2020
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