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HomeMy WebLinkAbout99-159 - ADMIN Resolution - City Council - 1999/12/20r 1 1 RESOLUTION NO. 99-159 RESOLUTION APPROVING LEASE AGREEMENT FOR FREE STANDING COMMUNICATION ANTENNA WHEREAS, the City Council of the City of St Louis Park, wishes to enter into a non-exclusive lease agreement with Sprint Spectrum L P (SSLP) for the use of space at the City groundwater treatment facility at 7120 W Lake Street, and WHEREAS, Public Works has negotiated a lease agreement with terms acceptable to the City Council, and NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Manager be and hereby are authorized to enter into a lease agreement with SSLP for the leasing of space at the groundwater treatment facility located at 7120 W Lake Street for the purposes of a free standing 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 L P to extend the initial term for four (4) additional five (5) year terms with an annual rent amount of $12,200 00 Attest Reviewed for Administration Adopted b the City Council December 20, 1999 i Mayo