11-28-2012 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL NOVEMBER 28, 2012 Keis questioned Donovan's ability to sell the tower independent of the property sale. The City Administrator replied that they would sell the lease itself. He was concerned, however, that as part of the redevelopment of this area, the tower could end up on a separate piece of property depending on where the road is brought in. While under current Code, a tower is not allowed on a separate piece of property as it is considered an accessory use, the Code could be changed to accommodate this. Blesener asked how long the lease appraisal would take noting that Donovan would like to move quickly on the sale of the property. The Administrator replied that the appraisal could be completed within two weeks. He indicated the appraising company has a huge data base from which to draw, and are experienced and knowledgeable in valuing these leases. McGraw asked if the company has the means of providing information to the City that would help the City market the tower for additional leasing. The Administrator felt that their data base was strong enough to provide this type of information, but indicated that he would discuss that with the appraising company. Montour stated that he had concerns with how Donovan can sell off the tower or the lease, noting that a tower is an accessory use. The City Planner indicated that it is common that a property owner not own a cell tower that is located on their property. The property owner leases the land for the tower. The Administrator felt that the City should know all the facts before making a decision on the purchase of the Donovan property, and recommended that the City obtain the tower lease appraisal. Again, the Administrator indicated that as part of the redevelopment of the area the tower may end up on its own parcel subject to a Code modification. He felt that finding out the true value of the tower lease will be a beneficial piece of information for the City. Keis introduced the following resolution and moved its adoption: RESOLUTION NO. 2012 -11 -212 — APPROVING THE CONSULTING AGREEMENT BETWEEN THE CITY OF LITTLE CANADA AND STEEL IN THE AIR, INC. FOR VALUATION OF THE DONOVAN TOWER LEASE AT A COST NOT TO EXCEED $2,000 AS RECOMMENDED BY THE CITY ADMINISTRATION, AND DIRECTING THE ADMINISTRATOR TO ASK FOR INFORMATION ON FUTURE MARKETING OF THE TOWER LEASE The foregoing resolution was duly seconded by Montour. Ayes (5). 14