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HomeMy WebLinkAbout04-051 - ADMIN Resolution - City Council - 2004/04/12RESOLUTION NO. 04-051 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 VoiceStream Minneapolis, Inc., (VoiceStream) for the use of space at the City water tower at 2541 Nevada Avenue; and WHEREAS, the Director of Public Works has negotiated a lease agreement with terms acceptable to the City Council; NOW, THEREFORE, BE 1T RESOLVED that the Mayor and City Manager are hereby authorized to enter into a lease agreement with VoiceStream for the leasing of space at the City water tower site located at 2541 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 period of five (5) years commencing immediately with the nght of VoiceStream to extend the initial term for four (4) additional five (5) year terms with an initial term annual rent amount of $18,000 Re 'sewed for Administration. wil2N411111/1 City Man. . : 11I Attest: Adopted by the City Council Apnl 12, 2004 7‘yor