ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2020-29 An Ordinance Authorizing the Manager to Lease a Fraction of U.S. Survey 1041, Located at 10020 Crazy Horse Drive, to Vertical Bridge Holdings LLC, for a Communications Tower and Facility.

MANAGER'S REPORT:

Vertical Bridge Holdings LLC submitted an application to lease city property at the end of Crazy Horse Drive, in the Mendenhall Valley.  In April 2019 the Lands Committee passed a motion of support to work with Vertical Bridge Holdings LLC towards the lease of city property contingent on a Planning Commission recommendation. The Planning Commission, at its regular public meeting on April 14, 2020, approved the special use permit for this tower.  At its May 18, 2020 meeting the Assembly passed a motion of support to work with the original proposer, Vertical Bridge.  At the June 1, 2020 meeting, the Lands Committee passed a motion of support to lease this property to Vertical Bridge for fair market value.  Fair market value has been determined by appraisal to be $1,075 per month. 

RECOMMENDATION:

The City Manager recommends the Assembly introduce this ordinance and set it for public hearing at the next regular Assembly meeting.