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No-DIM <br />Date: 9/15/2003 <br />Item No: M. L. <br />Department val: Manager Approved: Agenda Section: ?I,, at a e-*- <br />Consent <br />Item Description: Approving a Lease Agreement with Sprint PCS for Leasing Space on the City <br />Fall Campus Monopole <br />Background <br />On June 16, 2003, the City Council approved the construction of a 100' monopole, to he located <br />at the City Hall Campus, immediately adjacent to the southeast corner of the Public Works <br />Facility. City Staff have approved the site plan for the monopole and expect the pole to he <br />erected in the next 30-60 days. A copy of the site plan is attached. <br />The monopole is being constructed and erected by Sprint PS who is prepared to enter into a <br />lease agreement with the City. Over the past few months, City Staff and the City Attorney have <br />negotiated a. lease with Sprint PCS, a copy of which is attached and submitted for Council review <br />and approval. <br />D 9 a <br />iscussion Items <br />The lease agreement is consistent prior lease agreements and current market conditions both <br />in the terms and in lease amount. The lease calls for the following: <br />El Five year initial terra, commencing September 15, 2003, and ending September 15, <br />2008. <br />Sprint PCS has the right to renew the lease for four (4) additional five -year terms <br />subject to terms of the original lease. <br />Sprint PCS shall pay the City annual rent of $22,000 per year, with automatic increases <br />of 3% per annum. <br />Sprint P 's antenna equipment will he placed at approximately 65', which should allow for <br />additional antennae without any further modifications to the monopole. <br />Attachments <br />a) Amendment A —Lease Agreement and site plan with Sprint PCS <br />Council Action Requested <br />Motion to approve the Lease Agreement with Sprint PCS for leasing space at the City Hall <br />Campus Monopole. 1 11 <br />