Notice of Proposal for the Lease of Real Property to FTC Tower Co., LLC asa Telecommunications Tower Site

NOTICE IS HEREBY GIVEN that the Board of Supervisors of Wright County, Iowa, shall consider the lease of real property owned by the County to FTC Tower Co., LLC, at an initial annual rate of $7,200.00, subject to annual escalation at the rate of 2%, for an initial period of 25 years, and further subject to three 5-year periods of renewal. Said property is described as follows:

PARENT PARCEL DESCRIPTION
Southwest Quarter of the Southeast Quarter of Section 5, Township 91 North, Range 24 West, Wright County, Iowa.

PROPERTY DESCRIPTION
That part of the Southwest Quarter of the Southeast Quarter of Section 5, Township 91 North, Range 24 West, Wright County, Iowa, described as follows:
Commencing at the south quarter corner of said Section 5; thence South 89 degrees 30 minutes 57 seconds East (Iowa State Plane Coordinate System, North Zone) along the south line of said Southeast Quarter, a distance of 337.46 feet; thence North 00 degrees 28 minutes 59 seconds East, a distance of 96.45 feet; thence North 89 degrees 31 minutes 01 seconds West, a distance of 50.00 feet; thence North 00 degrees 28 minutes 59 seconds East, a distance of 15.00 feet to the point of beginning; thence continuing North 00 degrees 28 minutes 59 seconds East, a distance of 100.00 feet; thence South 89 degrees 31 minutes 01 seconds, a distance of 100.00 feet; thence South 00 degrees 28 minutes 59 seconds East, a distance of 100.00 feet; thence North 89 degrees 31 minutes 01 seconds West, a distance of 100.00 feet to the point of beginning.
Contains 0.23 acres of land.

ACCESS & UTILITIES DESCRIPTION
A 30.00 foot wide easement for access & utilities purposes over, under, and across the
Southwest Quarter of the Southeast Quarter of Section 5, Township 91 North, Range 24 West, Wright County, Iowa, being 15.00 feet on each side of the fol1owing described line:
Commencing at the south quarter corner of said Section 5; thence South 89 degrees 30 minutes 57 seconds East (Iowa State Plane Coordinate System, North Zone) along the south line of said Southeast Quarter, a distance of 337.46 feet to the point of beginning; thence North 00 degrees 28 minutes 59 seconds East, a distance of 96.45 feet; thence North 89 degrees 31 minutes 01 seconds West, a distance of 50.00 feet; thence reversing along the last described course South 89 degrees 31 minutes 01 seconds East, a distance of 115.00 feet; thence North 00 degrees 28 minutes 59 seconds East, a distance of 65.00 feet and there terminating.
Contains 0.18 acres of land.

NOTICE IS FURTHER GIVEN that a meeting of the Board of Supervisors of Wright County, Iowa, shall be held at 10:00 A.M. in the Board Chambers, Wright County Courthouse, 115 North Main Street, Clarion, Iowa, on October 1, 2018, for the Board of Supervisors to consider the adoption of a resolution for the lease of said real property.

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Chair of the Board of Supervisors
Wright County, Iowa