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File #: 22-0005    Version: 1 Name:
Type: License Request Status: Approved
File created: 12/15/2021 In control: Real Estate Committee
On agenda: 1/11/2022 Final action: 2/8/2022
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 11,260 feet of buried fiber optic cable along Milwaukee Avenue, Willow Road and Sanders Road in Dam No. 1 Woods. This new license request will bring into compliance existing fiber optic cable infrastructure, which was granted in 2000 as license #1674. 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 12/14/2020 - 12/13/2030) License Fee: $348,966.94 License Application Fee: $1,500.00 License Review Fees: $3,000.00 YELAR Fee: $6,750.00 Total one...
Indexes: ARNOLD RANDALL, General Superintendent
Attachments: 1. Location Map_Zayo - Wheeling, 2. License Fee Calculation, 3. Plans

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 11,260 feet of buried fiber optic cable along Milwaukee Avenue, Willow Road and Sanders Road in Dam No. 1 Woods. This new license request will bring into compliance existing fiber optic cable infrastructure, which was granted in 2000 as license #1674. 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 12/14/2020 - 12/13/2030)

                                          

License Fee:                     $348,966.94

 

License Application Fee:  $1,500.00

 

License Review Fees:  $3,000.00

 

YELAR Fee:  $6,750.00

 

Total one-time upfront fee of $360,216.94 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:  3.8774 acres

 

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):  9, 14

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