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HomeMy WebLinkAbout97-147 - ADMIN Resolution - City Council - 1997/11/03RESOLUTION NO. 9? -147 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 Nextel West Corp. (Nextel), 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 Nextel 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 Nextel to extend the initial term for three (3) additional five (5) year terms with an initial term annual rent amount of $11,700.00. Attest: Adopted by the City Council November 3, 1997 Ci Clerk Reviewed for administration