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LEASE AG�EMENT 0 R I G I� A L This Lease Agreement ("Lease") is entered into this dav of June, 2000, by and between the City of Roseville, a Minnesota municipal corporation ("Owner") and Vodafone AirTouch Licenses LLC, d/b/a Verizon Wireless, a Delaware limited liability company ("Verizon Wireless"), with local offices at Westwood Lake Office Park, 8401 Wayzata Bivd. Suite 110, St. Louis Park, MN 55426 ("Lessee"). In consideration of the terms and conditions of this Agreement, the parties agree as follows: Leased Premises. Owner hereby leases to Lessee a portion of the property located at 2501 North Fair-view Avenue, Roseville, Minnesota 55 113, and legally described on Exhibit A. The City's land shall be referred to as "Owner's Property" or "the Property" The Property interest leased and granted by the Owner, subject to all e�sting easements are the following: Ground space comprised of approximately 2,500 usable square feet, exact amount to be fixed by parties and described on Exhibit A, non-exclusive easements required to run utility lines and cables, non-exclusive easement across Owner's Property for access ("Premises"), described on Exhibit "B", attached hereto and m�de a part hereof. No other space or property interests are being leased to the Lessee except as described as above and as described on Exhibit B. Term/Renewals. The term of this Lease shall be five (5) years, commencing on September l, 2000, (the "Commencement Date") and ending on September 1,205, subj ect to the terms of Paragraph 16. The Commencement Date may be e�tended until the equipment listed in Exhibit "C" is installed, provided that the Commencement Date shall not be extended past September 30, 2000 in any event. Lessee shall have the right to e�tend this Lease for four (4) additional five (5) year terms ("`Renewal Term"). The Renewal Term shall be on the same terms and conditions as set forth herein except for rental adjustments as provided in Paragraph 3, Rent. Lessee shall have elected to renew this Lease for a Renewal Term unless it gives Owner written notice of its intention not �o renew at least si�ty (60) days prior to the expiration of the term. Rent. a) On the Commencement Date, the Lessee shall pay Owner, as rent, the following sums ("Rent"):