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Anacortes approves new ground lease with Puget Sound Energy for Mount Eerie site; city to receive minimum $72,000 and one-time payment
Summary
Council authorized a ground lease with Puget Sound Energy for the Mount Eerie summit site, negotiating a minimum annual payment of $72,000 and a one-time $100,000 payment to the city; staff emphasized new transparency provisions for subleases and engineering documentation.
The Anacortes City Council on Dec. 15 authorized a negotiated ground lease with Puget Sound Energy (PSE/PSC) for the Mount Eerie summit telecommunications site after years of negotiations.
Staff described the site's history (Kiwanis deeded the summit to the city in 1951) and said the city's previous lease had been in holdover status since 2011. A consultant advised the city on valuation and…
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