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Lynwood authorizes letter of intent with MD7 for Tower 1 easement
Summary
Trustees authorized the Village President to execute a letter of intent (LOI) with MD7 concerning leasing an easement and communication site at Tower 1; the motion passed 4–0 at the Sept. 12 special meeting with two trustees absent.
Trustee Marshall moved and Trustee Lilly seconded a motion to authorize the Village President to execute a letter of intent with MD7 regarding leasing the easement and communication site at "Tower 1." The board approved the motion on a 4–0 roll call vote; Trustees Blakey and Hurt were absent.
The minutes record authorization to pursue an LOI but do not include the LOI text, lease terms, or contemplated revenue. The minutes identify the counterparty as MD7 and the site as Tower 1; the Village President was authorized to execute the LOI, but the minutes do not state who will sign on behalf of the village by name. Further details, including lease duration, compensation and required approvals, were "not specified" in the meeting record and will require staff follow-up.
