TRANSMITTAL LETTER FOR BOARD MEETING OF AUGUST 31, 2017
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to issue a 5-year, 50’ x 1,111’ permit to Comcast of Illinois/Indiana to continue to cross with an aerially suspended coaxial fiber cable the Cal-Sag Channel, west of the Francisco Avenue Bridge, in Blue Island, Illinois, from Cal Sag Channel Parcel 14.02 to Cal-Sag Channel Parcel 14.13. Consideration shall be an annual fee of $6,400.00
Body
Dear Sir:
On October 7, 1999, the Board of Commissioners authorized the issuance of a 50’ x 1,111’ permit to TCI Cablevision of Pasco County Partnership, n/k/a Comcast of Illinois/Indiana (“Comcast”), to operate and maintain its aerially suspended coaxial fiber cable crossing the Cal-Sag Channel west of the Francisco Avenue Bridge from Cal Sag Channel Parcel 14.02 to Cal-Sag Channel Parcel 14.13 in Blue Island, Illinois. The cable is attached to poles owned by Commonwealth Edison Company ("ComEd") and is therefore subject to ComEd’s consent. The subject permit, as extended, expires October 31, 2017, and the permit fee is $5,500.00. Comcast has requested a new 5-year permit upon expiration of its existing permit.
The technical departments have reviewed Comcast’s request for a new 5-year permit and have no objections thereto. The permit fee of $6,400.00 represents 10% of the fair market value based on comparable appraisals of nearby sites.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize the issuance of a 5-year, 50’ x 1,111’ permit to Comcast of Illinois/Indiana to continue to cross with an aerially suspended coaxial fiber cable the Cal-Sag Channel, west of the Francisco Avenue Bridge, in Blue Island, Illinois, from Cal Sag Channel Parcel 14.02 to Cal-Sag Channel Parcel 14.13. Consideration shall be an annual fee of $6,400.00.
It is also requested that the Executive Director recommend to the Board of Commissioners that the Chairman of the Committee on Finance and the Clerk be authorized and directed to execute said permit agreement after it is approved by the Acting General Counsel as to form and legality.
Requested, Susan T. Morakalis, Acting General Counsel, STM:CMM:npe
Recommended, David St. Pierre, Executive Director
Respectfully Submitted, David J. Walsh, Chairman Committee on Real Estate Development
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners August 31, 2017
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