Title
Income Generated by Cell Towers on the Northwest 5th Avenue Water Tower (NB)
Explanation
At its January 2005 meeting, the FAPS Advisory Board expressed its concern that cell towers have been added to the top of the GRU water tower located next to 1113 Northwest 5th Avenue. The Board views that the water tower and cell towers are a detriment to the district and they would like the revenues that GRU receives from those towers to be put back into the neighborhood.
Staff has been discussing this recommendation with representatives from GRU. GRU does not track income or expense in a site specific format so that it would be difficult for them to determine a specific amount of funds generated by one particular location. GRU also called to our attention that profits from the utility are transferred to the General Government budget so that in essence funds generated by GRU are spent in various City neighborhoods.
Fiscal Note
None to the CRA at this time.
Recommendation
Fifth Avenue Pleasant Street Redevelopment Advisory Board to the CRA: 1) request the CRA recommend the City Commission: investigate the cell tower located next door to 1113 NW 5th Avenue and other income generating projects in the neighborhood and put that money back into the neighborhood.
Executive Director to the CRA: Recommend this item not be forwarded to the City Commission.