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2013_0325_packet
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2013_0325_packet
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3/25/2013 4:00:22 PM
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AttachmentB <br />DRAFTEDBY <br />ANDRETURNTO: <br />Moss&Barnett(JDL) <br />4800WellsFargoBuilding <br />90SouthSeventhStreet <br />Minneapolis,MN55402-4129 <br />MINCRosey <br />(SiteName:) <br />(PreparedbyCarinM.Kanstrup,TelephoneNo.(612)877-5342) <br />______________________________________________________________________________ <br />(SpaceabovethislineforRecorder’suse.) <br />MEMORANDUMOFTOWERLEASEAGREEMENT <br />THISMEMORANDUMOFTOWERLEASEAGREEMENTismadethis________ <br />dayof____________,20___,betweenCityofRoseville,aMinnesotamunicipalcorporation, <br />withitsprincipalofficeslocatedat2660CivicCenterDrive,Roseville,Minnesota55113, <br />hereinafterreferredtoas(“LESSOR”),andVerizonWireless(VAW)LLCd/b/aVerizon <br />Wireless,withitsaddressfornoticelocatedat180WashingtonValleyRoad,Bedminster,New <br />Jersey07921,hereinafterreferredtoas(“LESSEE”).LESSORandLESSEEareattimes <br />collectivelyreferredtohereinafterasthe“Parties”orindividuallyasthe“Party”. <br />1.LESSORandLESSEEenteredintoaTowerLeaseAgreement(the“Agreement”)on <br />__________________,20____,foraninitialtermoffive(5)years,commencingonthe <br />CommencementDate.TheAgreementshallautomaticallybeextendedforfour(4) <br />additionalfive(5)yeartermsunlessLESSEEterminatesitattheendofthethencurrent <br />termbygivingLESSORwrittennoticeoftheintenttoterminateatleastsix(6)months <br />priortotheendofthethencurrentterm.TheAgreementmaybeextendedforafurther <br />termoffive(5)yearsandforfive(5)yeartermsthereafteruponthemutualagreementof <br />bothPartiesinwriting. <br />2.PursuanttotheAgreement,LESSORleasedtotheLESSEEaportionofthatcertain <br />space(“theTowerSpace”)ontheLESSOR'swatertower,hereinafterreferredtoasthe <br />“Tower”,locatedat1901AltaVistaDrive,CityofRoseville,CountyofRamsey,Stateof <br />Minnesota,aslegallydescribedonExhibit“A”attachedheretoandmadeaparthereof, <br />togetherwithaparceloflandsufficientfortheinstallationofLESSEE'sequipment <br />building;togetherwiththenon-exclusiverightforingressandegress,seven(7)daysa <br />week,twenty-four(24)hoursaday,onfootormotorvehicle,includingtrucks,andfor <br />MINCRosey <br />1 <br />MemorandumofTowerLeaseAgreement <br />2201286v1 <br /> <br />
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