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Board denies Radio 74 request for reduced Grindstone lease rate

TV District Board · November 7, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Radio 74 asked for a reduced lease rate for the Grindstone site; the board voted to maintain the current rate and asked staff to notify the tenant in writing.

Radio 74 requested a reduced lease rate for its Grindstone site. Committee member (speaker 1) moved to continue charging the current rate with no discount; Committee member (speaker 4) seconded and the motion carried by voice vote. Treasurer Marissa was directed to send a letter communicating the decision.

Board members said current district rates are already below commercial tower rates and that lowering rates further would not be appropriate. The motion was recorded as moved by Committee member (speaker 1) and seconded by Committee member (speaker 4); the board voted to deny the discount request and directed staff to inform the tenant in writing.