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HomeMy WebLinkAbout00-100 - ADMIN Resolution - City Council - 2000/08/07RESOLUTION NO. 00-100 RESOLUTION APPROVING LEASE AGREEMENT WITH METRICOM, INC. FOR COMMUNICATIONS ANTENNA WHEREAS, the City Council of the City of St. Louis Park wishes to enter into a non-exclusive lease agreement with Metncom, Inc., for the use of space at the City water tower at 2500 Nevada Avenue; 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 Metncom for the leasing of space at the City water tower site located at 2500 Nevada Avenue for the purposes of a communication antenna and related base equipment; and BE IT FURTHER RESOLVED that such lease term shall be for a penod of five (5) years commencing immediately with the nght of Metricom to extend the initial term for three (3) additional five (5) year terms with an initial term annual rent amount of $14,000.00. Reviewed for Administration: l'.4.A ity anager Attest. p C J Clerk Adopted s y the City Council August 7, 2000 May