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38 <br /> CITY OF ST. ANTHONY VILLAGE <br /> RESOLUTION 03 - 099 <br /> A RESOLUTION APPROVING INSTALLATION OF <br /> A TELECOMMUNICATIONS FACILITY AT THE SITE OF <br /> THE CITY'S WATER TANK <br /> WHEREAS, Sprint Spectrum L.P. desires to install a telecommunications facility at the City's <br /> water tank; and <br /> WHEREAS, the City Council believes said facility will provide a source of rental income and <br /> improve wireless communications and emergency communication services for the <br /> City; and <br /> WHEREAS, the proposed lease terms are: <br /> Initial lease term: 5 years <br /> Renewal terms: 4 - 5 year, automatic renewal terms <br /> Proposed rent: $1,350 per month <br /> Term escalator: 15%per term (every 5 years) <br /> WHEREAS, cost of all utilities,phone lines, necessary improvements and planning and zoning <br /> expenses will be paid for by Spring Spectrum L.P. <br /> NOW,THEREFORE,BE IT RESOLVED, that the City Council of the City of St. Anthony <br /> hereby approves installation of a telecommunications facility at the site of the City's water tank <br /> under the conditions and proposed lease terms, as stated in the attached letter, dated October 30, <br /> 2003 and submitted by LCC International/Sprint PCS. <br /> Adopted this day of , 2003. <br /> Mayor <br /> ATTEST: <br /> City Clerk <br /> Reviewed for Administration: <br /> City Manager <br />