Legislation Details

File #: #R8656    Version: 1 Name: Approving a one-time payment for a 40-year lease buy out of the site lease agreement between Octagon Towers, LLC and the City of Miramar.
Type: Resolution Status: Agenda Ready
File created: 3/9/2026 In control: CITY COMMISSION REGULAR MEETING
On agenda: 4/22/2026 Final action:
Title: Temp. Reso. #R8656 approving and accepting a one-time payment of $1,045,000 from Octagon Towers, L.L.C., for a 40-year buyout of the existing site lease agreement for the communication tower ground lease located at 14200 SW 55th Street, Miramar, Florida a/k/a Vizcaya Park where a 130-foot wireless communication tower was erected on 784 square feet of ground space. (Chief Capital Improvement Program Officer Elizabeth Valera)
Attachments: 1. TR8656 Octagon Towers 40-Yr Lease Comm Towers Buyout with backup
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CITY OF MIRAMAR

PROPOSED CITY COMMISSION AGENDA ITEM

 

Item Description:

Title

Temp. Reso. #R8656 approving and accepting a one-time payment of $1,045,000 from Octagon Towers, L.L.C., for a 40-year buyout of the existing site lease agreement for the communication tower ground lease located at 14200 SW  55th Street, Miramar, Florida a/k/a Vizcaya Park where a 130-foot wireless communication tower was erected on 784 square feet of ground space. (Chief Capital Improvement Program Officer Elizabeth Valera)