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Board directs manager to sign Verizon lease contingent on insurance review
Summary
The Shelter Cove RID reviewed Verizon’s proposal to add equipment to the Kelly Road communications tower. Verizon flagged structural upgrades needed; staff recommended approval and the board directed the general manager to sign provided the district’s insurer does not require changed coverages or raise costs.
The Shelter Cove Recreation Improvement District considered a lease proposal from Verizon to install cellular equipment on the Kelly Road communications tower and directed the general manager to sign the agreement provided the district’s insurance requirements and costs would not change.
Proposal and engineering concerns: Verizon proposed a five‑year initial term at $20,400 annually with 2% yearly escalation; staff said comparable carriers pay similar rents. Paul, an engineer with Complete Power…
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