HomeMy WebLinkAbout01-052 - ADMIN Resolution - City Council - 2001/06/18RESOLUTION NO. 01-052
RESOLUTION APPROVING LEASE AGREEMENT
WITH SPRINT SPECTRUM L.P., 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 Sprint Spectrum L P , Inc , (Spnnt) 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 Spnnt 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 Sprint to extend the initial term for four (4)
additional five (5) year terms with an initial term annual rent amount of $16,128.
Reviewed for Administration•
Attest.
ity Clerk
Adopd by the City Council June 18, 2001