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•STAFF ORIGINATOR: <br />DATE: <br />TOPIC: <br />AGENDA ITEM NO. 5A <br />Rick DeGardner, Public Services Director <br />June 27, 2005 <br />Consideration of Resolution 05 -86, Approving New Cingular <br />Wireless PCS, LLC Antenna Lease Agreement <br />VOTE REQUIRED: Simple Majority <br />BACKGROUND: <br />Cingular Wireless PCS, LLC has expressed an interest in locating the installation of antenna facilities <br />on the city's monopole located at 1189 Main Street. The attached proposed agreement between <br />Cingular Wireless and the City has been reviewed by the city attorney. Staff is requesting council <br />approval of the antenna lease agreement. <br />Cingular Wireless is proposing to lease space for the installation of a 240 square foot base station at <br />the base of the monopole. In addition, three sectors of up to four panel antennas each will be placed <br />on the tower. <br />The proposed agreement provides for an initial option fee of $700.00 for a one year period with <br />another $700.00 option fee for an additional year. Should Cingular Wireless exercise the option to <br />*locate their antenna facilities, the initial term of five years will consist of an annual rate of $19,260.00. <br />The agreement provides for automatic renewals of four additional five -year terms, each with a 7 1/2 <br />percent annual rent increase of the previous term's annual rent. <br />OPTIONS: <br />1. Approve Resolution 05 -86, Approving New Cingular Wireless PCS, LLC Antenna Lease <br />Agreement. <br />2. Do not approve Resolution 05 -86. <br />3. Return to staff. <br />RECOMMENDATION: <br />Option 1. <br />• <br />