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HomeMy WebLinkAbout2018-013 CCRMember Dan Ryan introduced the following resolution and moved its adoption: RESOLUTION NO. 2018-13 RESOLUTION AUTHORIZING EXECUTION OF SITE LEASE AGREEMENT WITH VERIZON WIRELESS LLC ON WATER TOWER NO. 2 WHEREAS, Verizon Wireless (VAW) LLC d/b/a Verizon Wireless has submitted to the City of Brooklyn Center a request to lease space on Water Tower No. 2, along with the required application fee; and WHEREAS, as compensation for the use of City facilities, Verizon Wireless agrees to pay an annual lease payment of $52,022.06 (2018 rate). The payment will be prorated for the first year then annually increased by a minimum of three percent for twenty years represented by one five-year lease period with three five-year renewals; and WHEREAS, the City and Verizon Wireless have negotiated a lease agreement that is consistent with the City's Policy Regarding the Use of City Water Towers for Personal Wireless Services Facilities. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that: 1. The lease agreement between Verizon Wireless and the City for the placement of antennas on Water Tower No. 2 is hereby approved. The Mayor and City Manager are hereby authorized to execute said lease agreement. 2. All lease payments collected from said lease will be deposited into the Water Utility Fund. January 8, 2018 Date Mayor ATTEST: �4wo �Ixw� City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Marquita Butler and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, MArquita Butler, April Gravest': Dan Ryan and the following voted against the same: whereupon said resolution was declared duly passed and adopted.