Meeting Name: Real Estate Committee Agenda status: Final
Meeting date/time: 2/8/2022 9:30 AM Minutes status: Final  
Meeting location: Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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22-0142 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 12/14/2021approvePass Action details Not available
22-0004 1  License RequestPROPOSED 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 approvePass Action details Not available
22-0005 1  License RequestPROPOSED 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, 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 approvePass Action details Not available