Laserfiche WebLink
•STAFF ORIGINATOR: <br />DATE: <br />TOPIC: <br />AGENDA ITEM NO. 1J <br />Rick DeGardner, Public Services Director <br />September 24, 2007 <br />Consideration of Resolution 07 -149, Amendment to Site Lease <br />Agreement, Water Tower #1 — Verizon Wireless LLC <br />VOTE REQUIRED: Simple Majority <br />BACKGROUND: <br />Verizon Wireless LLC wants to install an emergency power generator on the property at Water Tower <br />#1 (7470 4th Avenue). The proposed generator lease area is 13' x 18'. Exhibit B -1 indicates its <br />proposed location. <br />AMENDMENT NO. 1 TO SITE LEASE AGREEMENT provides for an increase of rent of $2,400 <br />annually. The revised annual rent shall increase on the 1st of January following the Increased Rent <br />Commencement Date in accordance with the Site Lease Agreement dated February 14, 2000. <br />AMENDMENT NO. 1 TO SITE LEASE AGREEMENT also provides for additional 5 year extensions <br />after all other Renewal Terms in the original Site Lease Agreement, dated February 14, 2000, have <br />Allixpired. Either party may terminate this agreement by giving the other party written notice of its <br />tention to terminate at least 90 days prior to the end of the term. Annual rental increases for each <br />additional term will be on the same terms and conditions as stated in the original Site Lease <br />Agreement, dated February 14, 2000. <br />OPTIONS: <br />1. Approve Resolution No. 07 -149. <br />2. Deny Resolution No. 07 -149. <br />3. Return to staff for further review. <br />RECOMMENDATION: <br />Option 1. <br />• <br />9/19/2007 <br />J: \Ricks Folder \Utilities\Antenna \Greensheet Verizon amendment 9 -07 .doc <br />