From: "Bernard Meyers"
Subject: 6/27/12 Property Committee Questions as to PI
Date: Mon, 25 Jun 2012 09:07:44 -0700


Here are my questions, in no particular order. Please provide a copy to PI,
to any other interested party/individual, and to the public in conformance
with the Brown Act. Should you have any questions, please let me know. -
Thanks - B


1. Give us some information about Parallel Infrastructure (PI) besides that
on its web site. Does PI do business outside FL? What business does it do in
FL?

2. Please provide us with copies of 2 or 3 PI leases which PI considers to
be representative leases.

3. What are the usual or average revenues - and expenses - that a property
owner doing business with PI has earned (and incurred) in the last 5 years?

4. Does PI expect that the same figures would apply to its proposed leases
with NCRA? If not, why not and what does PI expect?

5. What independent research (per 6/13 Item F. 5 Memo, paragraph 2) has
Mitch done, and what are the results? If need be, provide it to the
Committee in private.

6. Does PI have leases covering similarly situated cell towers? If so, tell
us with whom and the results.

7. What does any proposed lease say as to toxic materials/hazardous waste
(theirs, ours, and/or others)?

8. What does any proposed lease say as to who is to remove the cell
towers/structures and bonding the cost thereof?

9. What role, if any, did our new property manager play in this?

10. What, if any, problems has PI had in the past 5 years?

11. Who/what is James H. Gibbs/Sperry Capital, Inc. and why is the PI
5/29/12 letter attached to Item F. 5 sent to him/it?

12. Whom does PI see as potential users of its cell towers along the NCRA
right-of-way?

13. How does PI calculate revenues for these towers? Is PI proposing NCRA
receive 20% of each tower's gross revenues (as opposed to "annual gross
recurring revenue" - paragraph 4, first bullet)? Does PI get revenues for
its services/product on anything other than a per cell tower basis? If so,
does PI propose that NCRA share in those revenues as well? Should NCRA
require that some minimum payment be made (whether per cell tower or
otherwise)?

14. Does paragraph 3 of PI's 5/29/12 letter conflict with paragraph 5? 3
talks about "a 10 year initial term with 3-5 year renewal options" and "the
existing terms will remain in effect unless renegotiated and mutually agreed
upon by both parties". 5 talks about "an initial term of 5 years, with three
5-year extension options, which are to be mutually agreed upon". 

15. What criteria should NCRA use to determine whether to permit any 5-year
extension? What criteria do other PI right-of-way owners utilize?

16. Does the proposed exclusiveness (paragraph 5) interfere with any current
NCRA agreement?

17. We have an agreement with Williams. Please provide a copy thereof to the
Committee members.

18. Has staff been in contact with any other of PI's other right-of-way
owners?

19. What has NWP Co. said about any aspect of this matter?

20. What was said at the 6/13 Board meeting about this (the recording is not
on our web site as yet)?

Thank you.