Laserfiche WebLink
LEASE AGREEMENT <br />This Lease Agreement ("Lease") is entered into this day of , 2005 by and <br />between the City of Roseville, a Minnesota municipal corporation ("Owner") and VoiceSt�eam <br />Minneapolis Inc. a Delaware limited partnership with principal offices at c/o T-Mobile, 8550 W. <br />$ryn Mawr Avenue, Suite 100, Chicago, IL 60631("Lessee"). <br />Lessee desires to lease a portion of the Owner's property for the location and operation of <br />wireless telecommunications equipment, as well as rights of way for ingress and egress of <br />utilities thereto. <br />In consideration of the terms and conditions of this Lease, the parties agree as follows: <br />1. Leased Premises. Owner hereby leases to Lessee a portion of the property located at 2660 <br />Civic Center Drive, Roseville, Minnesota 55113, and legally described on Exhibit A. The tower <br />and the City's land shall be referred to as "Owner's Property" or the "property". The property <br />interests leased and granted by the Owner to the Lessee (collectively the "Premises") are the <br />following: <br />a) Ground space comprised of approximately one hundred fifty (150) (10' x 15') usable <br />square feet, exact amount to be fixed by parties and described on Exhibit A. <br />b) Structure exterior space for attachment of antennas. <br />c) Space required for cable runs to connect equipment and antennas. <br />d) Non-exclusive easements required to run utility lines and cables. <br />e) Non-exclusive easement across Owner's Property for access. <br />No other space or property interests are being leased to the Lessee except as described as above <br />and as described on Exhibit A. <br />Tcrm:'�cnc��al�. <br />a) The initial term of this lease shall be five years, commencing on September 30, 2005 (the <br />"CommencementDate") or the date that Tenant commences construction on the Premises, <br />whichever is sooner, and ending September 30,2010; <br />b) Lessee shall have the right to extend this Lease for four (4) additional and successive �ive- <br />year renewal terms subj ect to (c) below; <br />c) This Lease shall automatically be renewed for each successive renewal term unless; (1) <br />Lessee notifies the Owner of its intention not to renew the Lease at least ninety (90) days <br />prior to the end of any initial or renewal term; or (2) Lessee is in default of any of the <br />terms or conditions of the Lease. <br />