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HomeMy WebLinkAbout07-266 DATE SUBMITTED: November 2,2007 BILL # 67-:2.0 to AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Communications Tower Lease Agreement Committee Meeting Date: COUNCIL MEETING Date: Department: Presenter: Phone: November 14,2007 November 28, 2007 Pub Wks & Utilit~ P. R. Lucas~ - 473-2328 SUMMARY: Sprint Spectrum wishes to renew its lease for five additional years on the 3027 Olympus Drive tower. The original lease was with US West but has since been taken over by Sprint Spectrum. The current lease expires in April of 2008, but Sprint Spectrum would like to have the lease renewal approved prior to that date so that there is continuity. The lease renewal contains provisions for two five-year terms renewals which has been standard. Payment to the City will be $1200.00 per month. The current payment is $618.71 permonth. A TT ACHMENTS: Proposed Lease Agreement FISCAL IMPACTS (Include Budgeted Amount): None APPROVALS: DEPARTMENT DIRECTO CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: COMMIITEE CHAIR COUNCIL PRESIDENT: .~~p- v (/ CONSENT AGENDA GENERAL BUSINESS 0 PUBLIC HEARING 0 RECOMMENDED MOTION: That the City Council approve the new five-year Lease Agreement with Sprint Spectrum with two five-year renewal options. COUNCIL ACTION: cLprove o Deny o Table o Continue 0 No Action