File #: 16-0358    Version: 1 Name: Wide Open West d/b/a WOW!
Type: License Request Status: Approved
File created: 8/25/2016 In control: Real Estate Committee
On agenda: 9/13/2016 Final action: 10/25/2016
Title: PROPOSED LICENSE REQUEST Request: Requesting authorization for the Forest Preserve District of Cook County ("the Preserves"), as Licensor to grant a License to Wide Open West d/b/a WOW!, Grantee, to locate, operate and maintain 5,485 linear feet of fiber optic telecommunications line along Vincennes Road at the Dixmoor Playfield Forest Preserve. The line will be installed as aerial cable on the existing ComEd utility pole line that runs along the south side of Vincennes Road . Term: 10 Years License Fee: $135,991.74 License Application Fee: $1,000.00 YELAR Fee: $3,600.00 Total one-time upfront fee of $140,591.74 for the term of the License (Sec. 5-2A-4 and 5-2B-4) Tree Mitigation Fee: None The area of the License is: 1.89 Acres Concurrence(s): The Chief Financial Officer and Chief Attorney have approved this item. Grantee has met the insurance requirements under the License Agreement. The Forest Preserves staff have reviewed this license application and plans and have ...
Indexes: (Inactive) ARNOLD RANDALL, General Superintendent

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PROPOSED LICENSE REQUEST

 

Request:  Requesting authorization for the Forest Preserve District of Cook County (“the Preserves”), as Licensor to grant a License to Wide Open West d/b/a WOW!, Grantee, to locate, operate and maintain 5,485 linear feet of fiber optic telecommunications line along Vincennes Road at the Dixmoor Playfield Forest Preserve. The line will be installed as aerial cable on the existing ComEd utility pole line that runs along the south side of Vincennes Road .

 

Term: 10 Years

 

License Fee: $135,991.74

 

License Application Fee:  $1,000.00

 

YELAR Fee:  $3,600.00

 

Total one-time upfront fee of $140,591.74 for the term of the License

(Sec. 5-2A-4 and 5-2B-4)

 

Tree Mitigation Fee:  None

 

The area of the License is:  1.89 Acres

 

Concurrence(s):

The Chief Financial Officer and Chief Attorney have approved this item.

 

Grantee has met the insurance requirements under the License Agreement.

 

The Forest Preserves staff have reviewed this license application and plans and have found them to be acceptable; therefore, it is recommended that the Forest Preserve District Board of Commissioners approve the issuance of this license.

 

District(s):  5

end