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7C TTM Red Fox Lease
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7C TTM Red Fox Lease
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2/15/2011 11:56:56 AM
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3-30-09 Council Regular
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3-30-09 Council Regular
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similar experiences. Not all of the other cities we contacted had completed their lease <br />negotiations, and the requests did vary since some included antennas and/or providing services to <br />more than one cellular provider at the site. Starting lease rate proposals were in the $150 to $200 <br />range, though including an antenna increased the range to $300 to $450 per month depending on <br />the location, height of the antennas, and number of antennas. TTM initially proposed a rate of <br />$150 per month. After reviewing the rates and requests in other cities, staff preliminarily <br />negotiated a rate of $225/month ($2,700 per year) with TTM. <br />Recommendation <br />Staff recommends approval of the lease agreement between TTM Operating Corporation, Inc <br />and the City of Arden Hills with a yearly lease rate of $2,700 with a yearly increase of 3% based <br />on the terms in the Communications Site Lease Agreement in Planning Case 09-004. <br />Options <br />1.Approve the proposal as submitted. <br />2.Approve the proposal with conditions. <br />3.Deny the application. <br />4.Table for additional information. <br />Attachments <br />A.Equipment Picture, Site Pictures, and Air Photo <br />B.Proposed Lease Agreement and Exhibits <br />\\Metro-inet.us\ardenhills\Admin\Council\Agendas & Packet Information\2009\03-30-09 Regular\Packet Information\7C - 033009 - CC Report - <br />TTM Red Fox Lease.doc <br />Page 3 of 3 <br /> <br />
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