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File #: R-2017-276    Version: 1 Name: STBN ROW Agreement
Type: Resolution Status: Passed
File created: 8/24/2017 In control: Office of the City Manager
On agenda: 9/20/2017 Final action: 9/20/2017
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute The Attached Right-Of-Way License Agreement Between STBN, LLC And The City Of Hollywood, For Use Of The Public Right-Of-Way For One Parking Space / Gate Adjacent To the Property At 1201 N. 35th Avenue, Based On a Four Year Term and First Year Annual Fee Of $404.52, Payable Quarterly In Advance, And Includes An Annual Increase Of Three Percent (3%).
Attachments: 1. 2017 Resolution.pdf, 2. 2017 STBN - ROW License Agreement.pdf, 3. Exhibit A.pdf, 4. Term Sheet - STBN, LLC - ROW License Agreement.pdf, 5. BIS 17-280.pdf

Title

A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute The Attached Right-Of-Way License Agreement Between STBN, LLC And The City Of Hollywood, For Use Of The Public Right-Of-Way For One Parking Space / Gate Adjacent To the Property At 1201 N. 35th Avenue, Based On a Four Year Term and First Year Annual Fee Of $404.52, Payable Quarterly In Advance, And Includes An Annual Increase Of Three Percent (3%).

 

Body

 

Staff Recommends: Approval of Resolution

 

 

Explanation:

Resolution R-2012-144 approved a Right-of-Way License Agreement with STBN, LLC expiring September 15, 2017 for use of the right-of-way for one parking space / gate adjacent to the property at 1201 N. 35th Avenue.

 

The owner desires to continue use of the right-of-way and has requested a new four year term upon expiration.

 

Recommended for inclusion on the agenda by:

Dr. Wazir A. Ishmael, City Manager

Gus Zambrano, Assistant City Manager for Sustainable Development

Shiv Newaldass, Chief Development Officer