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HomeMy WebLinkAbout96-104 - ADMIN Resolution - City Council - 1996/07/15RESOLUTION NO. 96-104 RESOLUTION APPROVING LEASE AGREEMENT FOR COMMUNICATIONS ANTENNA WHEREAS, the City Council of the City of St. Louis Park wishes to enter into a non-exclusive lease agreement with American Portable Telecom (APT) for the use of space at the City water tower; and WHEREAS, the City Manager and the City Attorney have negotiated a lease agreement with terms acceptable to the City Council, NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Manager be and hereby are authorized to enter into a lease agreement with American Portable Telecom for the leasing of space at the City water tower site located at 8301 W 34th Street for the purposes of a communication antenna and related base equipment; and BE IT FURTHER RESOLVED that such lease term shall be for a period of five (5) years commencing immediately with the right of APT to extend the initial term for three (3) additional five (5) year terms with the annual initial term rent amount of $9,000 Adopted by the City Council July 1 Reviewed for administration: ayor Approved as to form and execution: