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Exhibit B <br />3 <br />Telecommunications Executive Summary <br />The recent licensing of Personal Communication Services (PCS) companies and <br />the sweeping changes mandated by Telecommunications Act of 1996 is resulting <br />in rapid expansion of the communication industry. As many as eight (8) different <br />companies will acquire separate FCC licenses for wireless phone service in every <br />Basic Trading Area of the United States. The short-term potential for PCS digital <br />wireless technology is vast and includes paging, fax, data, and video transmission <br />through wireless hand held phones. <br />Since these new wireless communication services will be demanded by large <br />numbers of citizens, and since antenna sites will be required to deliver these <br />services, your municipality will be directly impacted. Antenna sites may be <br />building attachments, attachments to existing structures, or towers. The number, <br />height and type of antenna sites can vary based on the population, geography, <br />engineering constraints, availability of existing structures, regulatory constraints, <br />and economics. Your city can develop a new source of revenue from the wireless <br />industry by leasing qualified assets to wireless companies for use as antenna <br />sites. <br />MetroSite Management can assist you with identification of potential municipal <br />antenna sites, marketing those sites to the wireless carriers, and administering <br />the antenna site leases for your public entity. We can also assist by providing <br />educational updates about the overall industry as well as zoning and land use <br />consultation. <br />