Laserfiche WebLink
SITE NAME Lino Lakes WT - Apollo Dr & 4th .Ave <br />SITE NUMBER. MN- MSPOI26 <br />COMMUNICATION SITE LEASE AGREEMENT (WATER TANK) <br />THIS COMMUNICATION SITE LEASE AGREEMENT ( "Agreement ") dated and is effective as of <br />, 2010, is between Clear Wireless LLC, a Nevada limited liability company ( "Clearwire" or <br />"Tenant "), and the City of Lino Lakes, a municipal corporation ( "Owner" or "Landlord "). <br />For good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the <br />parties hereto agree as follows: <br />1. Premises. Owner owns a parcel of land ( "Land ") and a water tank ( "Water Tank ") <br />located in the City of Lino Lakes, County of Anoka, State of Minnesota, commonly known as 7470 46 Avenue NE <br />Lino Lakes, MN 55014 (APN: 17- 31- 22 -23- 0016). The Water Tank and the Land are collectively referred to herein <br />as the "Property." The Land is more particularly described in Exhibit A annexed hereto. Subject to the provisions <br />of Paragraph 2 below ( "Effective Date /Due Diligence Period "), Owner hereby leases to Clearwire and Clearwire <br />leases from Owner approximately Forty -nine (49) square feet of Land and space adjacent to and /or on the Water <br />Tank and all access and utility easements necessary or desirable therefore (collectively, "Premises ") as may be <br />described generally in Exhibit B annexed hereto. <br />2. Effective Date /Due Diligence Period. This Agreement shall be effective on the date of full <br />execution hereof ( "Effective Date "). Beginning on the Effective Date and continuing until the Term <br />Commencement Date as defined in Paragraph 4 below ( "Due Diligence Period "), Clearwire shall only be permitted <br />to enter the Property for the limited purpose of making appropriate engineering and boundary surveys, inspections, <br />and other reasonably necessary investigations and signal, topographical, geotechnical, structural and environmental <br />tests (collectively, "Investigations and Tests ") that Clearwire may deem necessary or desirable to determine the <br />physical condition, feasibility and suitability of the Premises. In the event that Clearwire determines, during the Due <br />Diligence Period, that the Premises are not appropriate for Clearwire's intended use, or if for any other reason, or no <br />reason, Clearwire decides not to commence its tenancy of the Premises, then Clearwire shall have the right to <br />terminate this Agreement without penalty upon written notice to Owner at any time during the Due Diligence Period <br />and prior to the Term Commencement Date. Owner and Clearwire expressly acknowledge and agree that <br />Clearwire's access to the Property during this Due Diligence Period shall be solely for the limited purpose of <br />performing the Investigations and Tests, and that Clearwire shall not be considered an owner or operator of any <br />portion of the Property, and shall have no ownership or control of any portion of the Property (except as expressly <br />provided in this Paragraph 2), prior to the Term Commencement Date. <br />3. Use. The Premises may be used by Tenant for any lawful activity in connection with the <br />provisions of wireless communications services, including without limitation, the transmission and the reception of <br />radio communication signals and the construction, maintenance and operation of related communications facilities. <br />Landlord agrees, at no expense to Landlord, to cooperate with Tenant, in making application for and obtaining all <br />licenses, permits and any and all other necessary approvals that may be required for Tenant's intended use of the <br />Premises. <br />4. Term. The term of this Agreement shall commence upon the date Tenant begins construction of <br />the Tenant Facilities (as defined in Paragraph 6 below) or eighteen (18) months following the Effective Date, <br />whichever first occurs ( "Term Commencement Date ") and shall terminate on the fifth anniversary of the Term <br />Commencement Date ( "Term ") unless otherwise terminated as provided herein. Tenant shall have the right to <br />extend the Term for three (3) successive five (5) year periods ( "Renewal Terms ") on the same terms and conditions <br />as set forth herein. This Agreement shall automatically be extended for each successive Renewal Term unless <br />Tenant notifies Landlord of its intention not to renew at least thirty (30) days prior to commencement of the <br />succeeding Renewal Term. <br />5. Rent. Within fifteen (15) business days following the Term Commencement Date and on the <br />first day of each month thereafter, Tenant shall pay to Landlord as rent NINE HUNDRED and 00 /100 Dollars <br />($900.00) per month ( "Rent "). Rent for any fractional month at the beginning or at the end of the Term or Renewal <br />Term shall be prorated. Rent shall be increased at the beginning of any applicable Renewal Term by an amount <br />equal to five percent (5 %) of the Rent for the Term or previous Renewal Term. Rent shall be payable to Landlord at <br />600 Town Center Parkway, Lino Lakes, MN 55014; Attention: Rick DeGardner. All of Tenant's monetary <br />obligations set forth in this Agreement are conditioned upon Tenant's receipt of an accurate and executed W -9 Form <br />from Landlord. <br />Clearwire Communication Tower Agreement <br />- 1- <br />v. j -» -06 <br />