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HomeMy WebLinkAbout07-267 DATE SUBMITTED: ,November 2,2007 BILL # 07- ;207 AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Lease Agreement Modification Committee Meeting Date: . COUNCIL MEETING Date: Department: Presenter: Phone: November 14,2007 November 28,2007 Pub Wks & Utilitie~ P. R. Lucas ~ ~ 473-2328 SUMMARY: The City and Seattle SMSA Limited Partnership d/b/a Verizon entered into a five year lease agreement effective August 1, 2004 and expiring July 31, 2009. There was no provision in this lease for any renewal terms similar to the other lease the City has with Seattle SMSA Limited. They are requesting that Section 12 of the current lease be modified to read as stated on the attachment to this Agenda Bill. This will allow both of theirs to read the same with regard to renewal terms. The City has the right to negotiate new rental fees at the end of each five-year term. They currently pay the City $993.04 per month with an additional $1404.77 per month paid to the City for co-locates on their tower. Section 5 is also being amended per recommendation of the City Attorney to clarify the initial term of the lease so as not to be confused with the renewal change. A TT ACHMENTS: Amended Sections 5 and 12 of the current Lease Agreement And the Current Lease Agreement. FISCAL IMPACTS (Include Budgeted Amount): None. APPROVALS: I/,"""~""ll Ai" ,,- DEPARTMENT DIRECTOR: \,", ,"""7- CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: COMMIITEE CHAIR COUNCIL PRESIDENT: ..A9 67 ~~ e ~_--p~.. .if ~~ t:/ ' CONSENT AGENDA GENERAL BUSINESS 0 PUBLIC HEARING 0 RECOMMENDED MOTION: That the City Council approve the amendments to sections 5 and 12 of the lease with Seattle SMSA Limited Partnership d/b/a Verizon Wireless allowing for renewal of two five (5) year terms and clarifying the initial term of the lease. COUNCIL ACTION: JfJT1fOve o Deny o Table o Continue 0 No Action