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A RESOLUTION APPROVING INSTALLATION OF THE <br />A TELECOMMUNICATIONS FACILITY AT THE <br />SITE OF THE CITY'S WATER TANK <br />WHEREAS, Nextel West Corporation desires to install a telecommunications facility <br />at the City's water tank; and <br />WHEREAS, the City Council believes said facility will provide a source of rental <br />income and improve wireless communications and emergency <br />communication service for the City; and <br />WHEREAS, the proposed lease terms are: <br />Initial lease term: 5 years <br />Renewal terms: Five 5 -year renewal options <br />Proposed rent: $1,650 per month ($:19.800 annually) <br />Term escalator: 4% per year of the previous year's rent <br />WHEREAS, cost all utilities, phone lines, necessary improvements and planning and <br />zoning expenses will be paid for by Nextel West Corporation, <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 <br />water tank under the conditions and proposed lease terms, as stated in the attached <br />agreement between the City of St. Anthony and Nextel West Corporation. <br />Adopted this 22nd day of November, 2005. <br />ATTEST: <br />City Clerk <br />Review for Administration: <br />Mayor <br />City Manager <br />RE <br />