title
PROPOSED LICENSE REQUEST
Request: Requesting authorization for the Forest Preserves of Cook County (the “Forest Preserves”), as Licensor to grant a License to Zayo Group, LLC (“Zayo”), Grantee, to locate, operate and maintain 792 feet of buried fiber optic cable along Cermak Road in Westchester. This new license request will bring into compliance the location of existing fiber optic cable infrastructure, which was granted in 2011 as license #1724. Since granting the original license, the owner of the fiber optic cable has changed to a different corporation and this new license will reflect the current owner of the infrastructure. Given that this is an administrative change and extension of a prior license, there are no tree impacts as part of this new license.
Term: Ten (10) Years (retroactive beginning 8/9/2021 - 8/8/2031)
License Fee: $24,545.45
License Application Fee: $1,500.00
License Review Fees: $3,000.00
YELAR Fee: $6,750.00
Total one-time upfront fee of $35,795.45 for the term of the License
(Sec. 5-2A-4 and 5-2B-4)
Tree Mitigation Fee: N/A
The area of the License is: 0.2727 acre
Concurrence(s):
The Chief Financial Officer has approved this item. Final agreement is subject to legal review and approval.
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 Preserves of Cook County Board of Commissioners approve the issuance of this license.
District(s): 16
end