HomeMy WebLinkAbout17-046 - ADMIN Resolution - City Council - 2017/03/06RESOLUTION NO. 17-046
RESOLUTION APPROVING PROPOSED AMENDED AND RESTATED
ANTENNA LEASE AGREEMENT WITH T -MOBILE CENTRAL LLC
ON CITY WATER TOWER LOCATED AT 8301 W. 34TH STREET
WHEREAS, the City of St. Louis Park City ("City") and T -Mobile Central LLC
("Lessee"), or their predecessors in interest, are parties to a Water Tower Antenna Agreement
dated July 15, 1996, Amendment No. 1 dated November 5, 1996, and Amendment No. 2 dated
August 3, 2015 ("Prior Agreement") whereby City has leased a portion of City's real property (the
"Property") and Water Tower to Lessee, along with access and utility rights; and
WHEREAS, the Prior Agreement expired on December 31, 2016; and
WHEREAS, City and Lessee desire to enter into a new Amended and Restated Agreement
("Agreement) to (i) continue wireless service using the existing in-place antennas and equipment
from the Prior Agreement located on the Water Tower and (ii) space under the Water Tower for
the Lessee's Ground Equipment.
BE IT RESOLVED, that the City Council of St. Louis Park approves the terms, covenants
and conditions of this Agreement, the City agrees to continue leasing to Lessee (i) space on the
Water Tower as shown on the Plans and Specifications for Lessee's Tower Equipment and (ii)
space under the Water Tower for the Lessee's Ground Equipment; and
BE IT FURTHER RESOLVED, the initial term of this Lease shall be for five (5) years
beginning on January 1, 2017 (the "Commencement Date"), and ending at midnight on December
31, 2021 ("Initial Term"). The Lessee shall have the right to extend the term of this Lease, subject
to the terms and conditions of this Lease, for two (2) additional five (5) year terms (each of said
five (5) year terms is referred to as a "Renewal Term"); and
BE IT FURTHER RESOLVED, commencing January 1, 2017, LESSEE shall pay City,
as rent, the sum of Thirty -One Thousand Eight Hundred Eight and 70/100 Dollars ($31,808.70) per
year (*"}hent"). Rent shall be paid before January 1 of each year. Commencing on January 1, 2018,
and ehcA January 1 thereafter, the annual Rent shall increase by five percent (5%).
for
Manager
Attest:
Mel' sa KennMy, Cify Clerk
by the City Council March 6, 2017
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