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• <br />• <br />CITY OF LINO LAKES, MINNESOTA <br />RESOLUTION NO. 07 -02 <br />APPROVING T- MOBILE CENTRAL, LLC <br />ANTENNA LEASE AGREEMENT <br />WHEREAS, T- Mobile Central, LLC has expressed an interest in locating the <br />installation of antenna facilities on the city's monopole located at 1189 Main <br />Street; and <br />WHEREAS, T- Mobile Central, LLC is proposing to lease space for the installation <br />of a 240 square foot base station at the base of the monopole. In addition, three <br />sectors of up to three panel antennas each will be placed on the monopole; and <br />WHEREAS, The proposed agreement provides for an initial option fee of $100.00 <br />for a one year period with another $100.00 option fee for an additional year. <br />Should T- Mobile Central, LLC exercise the option to locate their antenna facilities <br />at 1189 Main Street, the initial term of ten years will consist of an annual rate of <br />$19,260.00; and <br />WHEREAS, The agreement provides for automatic renewals of three additional <br />five -year terms, each with a 7 '/2 percent annual rent increase of the previous <br />term's annual rent. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino <br />Lakes, Minnesota, that the Mayor and Clerk are hereby authorized to execute, on <br />behalf of the City, an agreement between the City and T- Mobile Central, LLC, for <br />the installation of antenna facilities on the city's monopole located at 1189 Main <br />Street. <br />Passed by the Lino Lakes City Council this 8th day of January, 2007. <br />John J. Bergeson, Mayor <br />ATTEST: <br />Julianne Bartell, City Clerk <br />- 3 8 - <br />