Laserfiche WebLink
�i1N-R.,a�etawn <br />LEASE AGREEMENT <br />This Lease Agreement ("Lease") is entered into this day of ,2004 by and <br />between the City of Roseville, a Minnesota municipal corporation, with its principal offices <br />located at 2660 Civic Center Drive, Roseville, Minnesota 55113, Tax ID# 41-6007849 <br />("Owner"); and Verizon Wireless (VAW) LLC d/b/a Verizon Wireless, with its principal offices <br />at 180 Washington Valley Road, Bedminster, New Jersey 07.921("Lessee"). <br />Lessee desires to lease a portion of the Owner's properry for the location of antennas, a <br />conimunications equipment shelter, and space for the location of associated equipment and <br />appurtenances, including but not limited to an emergency generator, as well as rights of way for <br />ingress and egress of utilities thereto. <br />In consideration of the terms and conditions of this Agreement, the parties agree as follows: <br />1. Leased Premises. Owner hereby leases to Lessee a portion of the properry located at 2660 <br />Civic Center Drive, Roseville, Minnesota 55113, and legally described on Exhibit A, attached <br />hereto. The tower and the City's land shall be referred to as "Owner's Properry" or "the <br />property". The property interest leased and granted by the Owner are the following: <br />a) Ground space comprised of approximately 400 (20x 20) usable square feet, exact amount <br />to be fixed by parties and described on Exhibit B. <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 Properry for access, seven (7) days a week, <br />twenty-four (24) hours a day. <br />No other space or properry interests are being leased to the Lessee except as described as above <br />and as described on Exhibit B. <br />�, T�rm��ra�wal�, <br />a� The term of this lease shall be five years, commencing on the first (lsr) day of the month <br />following the date this agreement is executed by the parties or the first (lst) day of the <br />month, following the date Lessee commences construction, whichever occurs last; <br />X�� Lessee shall have the right to extend this lease for four (4) additional five-year renewal <br />terms subject to (c) below; <br />� i 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 />�'��93;r ] � <br />