Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tenant Collections topic
No spam. Unsubscribe anytime.
TV District accepts $600/month repayment plan from FM tenant Albino Ortega
Summary
The Elko County TV District accepted a $600 monthly payment offer from tenant Albino Ortega toward outstanding lease arrears and requested a written repayment plan to document the district’s expectations.
The board approved a repayment arrangement with tenant Albino Ortega under which Ortega will pay $600 per month toward past-due lease amounts for his FM broadcast operations.
District staff explained a November letter that requested a minimum payment of $500 monthly plus payment of the annual lease invoice of $2,300. Ortega told the board he had previously paid about $300 monthly and had increased payments during the period; he requested allowance for $600 monthly going forward and said the higher payment should allow him to fully catch up over roughly two and a half years at current balances.
Board members discussed options, noting staff had already waived interest charges earlier and that continued annual lease invoices must still be paid. The board asked Ortega to provide a written repayment plan summarizing the schedule; Marissa will enter the plan into district records. The board approved the $600-per-month arrangement by motion and asked Ortega to stay in regular contact with staff.
