HomeMy WebLinkAbout96-168 - ADMIN Resolution - City Council - 1996/11/04RESOLUTION NO.
96-168
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 Sprint Spectrum LP, for the use of space at the City water tower
at 5100 Park Glen Road; and
WHEREAS, the Director of Public Works has 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 Sprint Spectrum LP for the leasing of
space at the City water tower site located at 5100 Park Glen Road 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 Sprint Spectrum LP to extend the initial term for
three (3) additional five (5) year terms with the annual initial term rent amount of $10,200.00.
Attest:
Adopted by the City Council November 4, 1996
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City Clerk
Reviewed for administration: