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ITEM: AUTHORIZATION TO ENTER INTO MASTER MARKETING AGREEMENT WITH ARCADIA INFRASTRUCTURE I, LLC
REQUEST: Authorization to enter into Master Marketing Agreement with Arcadia Infrastructure I, LLC for the marketing and leasing of Wellington-owned (or Acme-owned) properties to wireless service providers for developing, constructing, and operating wireless communication facilities.
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EXPLANATION: The Council established improving wireless and telecommunications infrastructure as a priority. Over the last few months, a three-pronged approach has been executed; (1) update Wellington's regulations for telecommunication facilities, (2) coordinate with major carriers to identify potential improvements, and (3) contact tower development companies about interest in Wellington (or Acme) owned properties. To date, the Wellington regulations have been updated. The major carriers have been contacted and coordination with them continues. The proposed agreement will be instrumental as it relates to utilizing Wellington (or Acme) owned properties to address the priority and it will also achieve the second prong as well.
On September 26, 2022, Wellington received an unsolicited proposal from Arcadia Towers Group, LLC (Arcadia). Arcadia proposed that the Village of Wellington and Arcadia enter into an exclusive Master Marketing Agreement for the marketing and leasing of Wellington-owned (or Acme-owned) properties to wireless service providers for the purpose of developing, constructing, and operating wireless communications facilities on such properties in a Public-Private Partnership with Wellington. Arcadia Infrastructure I, LLC is a wholly owned subsidiary of Arcadia Towers Group, LLC.
On November 9, 2022, the Village Council authorized waiving certain requirements in Florida Statute 255.065 and publishing a 30-day notice of Wellington's intent to enter into a comprehensive agreement with Arcadia Towers Group, LLC. Wellington published notice on November 14...
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