Subject: Consent Agenda
Title
A Resolution of the Board of Trustees of the Town of Erie Approving a Ground Lease Agreement with Allo Erie, LLC, for 2901 North 119th Street, Erie Colorado
Body
Department: Information Technology
Presenter(s): Denise Jakan, Director of Information Technology
Staff Recommendation:
Recommendation
Approve Resolution authorizing a ground lease agreement with Allo Erie, LLC, for 2901 North 119th Street, Erie, Colorado.
End
Summary and Background of Subject Matter:
The Board of Trustees approved a Franchise Agreement with Allo Erie, LLC, (Allo) on March 22nd for a ten-year term, under which Allo intends to provide internet and cable T.V. access for every home and business in Erie. Allo requires a site to build a Fiber Hut (a location for all fiber to terminate) and found a spot at the Town’s Water Treatment Facility provided the best location. The Town negotiated with Allo for a ground lease agreement for approximately 1,250 SF of Town-owned property located at 2901 North 119th Street, adjacent to the Water Treatment Facility, for $500.00 per month. The Economic Development Director determined this price is reasonable for the location, size and other factors. The Fiber Hut will serve as a data bunker with utilities, computers, and a back-up generator, but will not provide for temporary or permanent human occupancy. Allo anticipates starting construction on the fiber network in October.
Board Priority(s) Addressed:
ü Prosperous Economy
ü Effective Governance
ü Fiscally Responsible
Attachment(s):
1. Resolution 22-110
2. Lease Agreement