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PROPOSED LICENSE AGREEMENT
Department: Real Estate Management
Request: Approval of a (New) Public Way License Agreement
Licensor: County of Cook
Licensee: Midwest Fiber Networks, Inc.
Location: Various locations in the public way
Term/Extension Period: 4/1/2015-6/30/2017
Space Occupied: N/A
Monthly Rent: Annual License Fee:$971.41 for the initial three months, based on an annual fee of $3,886.65, as adjusted annually by Consumer Price Index
Fiscal Impact: Revenue Generating
Accounts: N/A
Option to Renew: N/A
Termination: Under certain conditions set by ordinance
Utilities Included: N/A
Summary/Notes: Upon issuance of this License, Grantee shall have the authority to apply for permits in order to construct, install, replace, relocate, modify, maintain, and remove its facilities located in the public ways of Cook County.
This license is in accordance with Cook County Code Chapter 66, Road and Bridges, Article 3, Public Way Regulatory Ordinance, enacted by the Board of Commissioners on 6/19/2007. The license fees, term start and end dates are all set by ordinance.
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