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4 <br /> RES-2024-041 Attachment 2 <br /> ORANGE COUNTY BOARD OF COMMISSIONERS <br /> RESOLUTION APPROVING THE LEASE OF A PORTION OF COUNTY PROPERTY <br /> TO TOWERCO TO BUILD A COMMUNICATIONS TOWER <br /> Whereas, North Carolina General Statute 160A-272 authorizes the Board of County <br /> Commissioners to lease County-owned property for the purpose of siting and operating <br /> communications towers for a term of up to 25 years pursuant to a 30-day public notice <br /> and the adoption of a resolution authorizing the lease; and <br /> Whereas, Orange County owns property at 3605 Walnut Grove Church Road, <br /> Hillsborough, NC, 27278, parcel no. 987419070, which is the site of the Walnut Grove <br /> Solid Waste Convenience Center; and <br /> Whereas, TowerCo, a leader in the installation and management of telecommunications <br /> towers in the United States, desires to lease an unused portion of the Walnut Grove <br /> Convenience Center site to build a communications tower; and <br /> Whereas, the lease will include a monthly rent of $1,100 to be increased annually by <br /> 1.5% with a five-year term with the option to extend the lease for four (4) additional five- <br /> year terms; and <br /> Whereas; the expansion of mobile communications into the rural areas of Orange County <br /> would benefit the residents of Orange County by ensuring better connectivity to the <br /> internet and mobile-based communications; <br /> NOW THEREFORE, BE IT RESOLVED, that the Orange County Board of <br /> Commissioners hereby approves the lease of the County property described above to <br /> TowerCo for a term of five (5)years commencing on the date of the cell tower's operations, <br /> with the option to extend the lease for four (4) additional five-year terms, and directs the <br /> execution, registration, and filing of all necessary instruments accordingly. <br /> This, the 18t" Day of June 2024. <br /> Jamezetta Bedford, Chair <br /> Orange County Board of Commissioners <br />