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Page 1 of 1 <br /> <br />DATE: November 24, 2014 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: Terry Maurer, Public Works Director <br /> <br />SUBJECT: Nextel Lease Termination <br /> <br />Requested Action <br /> <br />Approve the Lease Termination Agreement for the former Nextel Water Tower Lease which is <br />no longer needed since a new lease was entered into on May 5, 2014. <br /> <br />Background/Discussion <br /> <br />Nextel West Corp. entered into a new lease for facilities on The Red Fox Water Tower on May <br />5, 2014. However, at that time they did not request the termination of their exist ing agreement <br />so it “fell through the cracks”. They have now asked that it be formally terminated and have <br />prepared the attached Termination Agreement. The Termination Agreement has been reviewed <br />by the City Attorney and he had no comments. <br /> <br />Staff would recommend approval of the Termination Agreement and authorization for the Mayor <br />to sign the agreement. <br /> <br />Attachments <br /> <br />Attachment A: Lease Termination Agreement <br /> <br /> <br /> <br />CONSENT ITEM - 5C <br /> <br /> <br />MEMORANDUM <br />