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ARDEN HILLS CITY COUNCIL — June 1, 201.1 9 6.A. Fox Ridge Easement Vacation Public Hearing and Final Plat Approval (continued) City Planner Beekman stated there were two outlots in the development and these were created in order to make a potential transfer of the property to the adjacent home owners easier. The Home Owners Association will be responsible for the maintenance of these properties not the City, in the event that the outlots are not transferred to adjacent properties. MOTION: Councilmember Holmes moved and Councilmember Tamble seconded a motion to Approve Resolution 2011 -025 Vacating a Certain Utility, Drainage, and Ponding Easement Located in the Fox Ridge Development. MOTION: Councilmember Holden moved and Mayor Grant seconded a motion to amend Resolution 2011 -025 to be Conditional Upon the Approval of the Final Plat of Fox Ridge Development and the Final Recording of All Necessary Documents. The motion carried unanimously (5 -0). The amended motion was called to a vote. The motion carried unanimously (5 -0). Councilmember Werner stated although he is in favor of development he is disappointed that the dual cul -de -sac is not included in the approved plans. MOTION: Mayor Grant moved and Councilmember Holmes seconded a motion to Approve Planning Case 11 -009 for a Final Plat and Development Agreement for the Fox Ridge Development, Based on the Findings of Fact and the June 1, 2011, Report to the City Council. The motion carried (4 -1; Councilmember Werner). 7. NEW BUSINESS A. Zayo Contract Community Development Director Jill Hutmacher stated T- Mobile currently leases space from the City to operate an equipment building at the Cummings Park (Fernwood) water tower. T- Mobile currently pays an annual lease rate of $19, 096 for the 300 square -foot equipment building with antenna space on the water tower. Zayo Group, LLC is working with T- Mobile to upgrade their T 1 line with fiber -optic connections. The technological upgrade is related to the 4G- capacity that most wireless providers are building. Although the fiber -optic equipment could be installed within the T- Mobile building, Zayo Group hopes to sell services to additional wireless providers and has requested a lease of twelve - square feet outside of the existing T- Mobile building to accommodate an equipment cabinet. Zayo Group has not requested any space on the water tower. The new equipment is entirely hard -wired and does not include any wireless components. Zayo Group suggested a lease rate that was proportional on a square -foot basis to the T- Mobile lease. Staff contacted several cities to inquire about lease rates. Many cities are charging no or minimal rents for the Zayo upgrades. Of the cities contacted, the highest lease rate was five thousand dollars annually. Given that there is a precedent for that lease rate, and given the limited space at