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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 1 7 <br /> PROJECT TITLE: <br /> Second Addendum to Briefing COUNCIL BILL# <br /> Communications Antenna Site Proposed Action Originating Dept. Facilities/Real Prop. <br /> Lease Agreement with Consent Contact Person Barb Hardman <br /> T-Mobile for use of city 04/23/14 Action Phone Number (425) 257-7294 <br /> owned property First Reading FOR AGENDA OF 04/23/14 <br /> Second Reading <br /> Third Reading Initialed by: <br /> Public Hearing Department Head <br /> Budget Advisory CAA <br /> Council President i ok <br /> \ )• <br /> Location Preceding Action Attachments Department(s)Approval <br /> Three Sites: 04/08/98 Lease 2nd Addendum to Lease Legal;Utilities; <br /> 2302 Burley Dr.; 6107 Agreement Agreement and three Facilities/Real Property <br /> Berkshire; 76th Street& 11/3/99 Addendum to Memorandums of Lease <br /> Upper Ridge Road site Lease Agreement <br /> Amount Budgeted $/yr <br /> Expenditure Required $/yr Account Number(s): <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> On April 8, 1998,the City Council approved a 5-year lease with two 5-year renewal terms with Western PCS <br /> BTA 1 Corporation to lease real property at three of the City's water tank sites for wireless communications <br /> facilities including monopoles and related equipment. <br /> On November 3, 1999,the First Addendum to the lease was approved by City Council allowing additional <br /> panel antennas to the 2302 Burley Dr. site with an increase in rent. <br /> T-Mobile West LLC, (successor in interest to the original lessee)proposes to amend the lease terms to add <br /> six additional 5-year renewal options with the first term commencing January 1, 2014 and expiring <br /> December 31, 2019, and to adjust the annual rent increases based on the Consumer Price Index (CPI)rather <br /> than a flat 5%with a stipulation that each annual increase will be a minimum of 3% and a maximum of 5%. <br /> As consideration for adjusting the rent escalation to the CPI rate,T-Mobile proposes to pay the City a one- <br /> time lump sum of$66,000 and a Second addendum signing bonus of$30,000 if fully executed within 60 <br /> days. <br /> RECOMMENDATION: <br /> Authorize the Mayor to sign Second Addendum to Communications Antenna Site Lease Agreement with T- <br /> Mobile for use of City-owned property. <br /> 99 <br />