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HomeMy WebLinkAbout09-036 {)Q-CJ3b DATE SUBMITTED: February 5, 2009 BILL # AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Communications Tower Lease ~l a W\ou.~ V\ ,,1- Committee Meeting Date: COUNCIL MEETING Date: Department: Presenter: Phone: February 11,2009 February 18,2009 Pub Wks & Utiliti~ Paul Lucas ~ _u~... 473-2328 SUMMARY: The current lease on the Pinnacle-owned towers at Gold Mountain with Pinnacle/Goldspar expired in November of 2008 and has been running month-to-month as allowed by the lease. The current manager of the site, Crown Castle for Pinnacle Towers LLC, has submitted a new lease for a five year period with options for five additional five year periods. Annual CPI is included in the lease. The lease up for approval will pay the City $1703.46 per month with 60% of all revenues from any co-locates. Current payment is $1271.85 per month. ATTACHMENTS: Proposed Lease FISCAL IMPACTS (Include Budgeted Amount): Increase in annual revenues of$5179.32. APPROV ALS: DEP ARTMENT DIRECTOR. CITY ATTORNEY: FINANCE DIRECTOR: MA YOR: ..., COMMITTEE CHAIR COUNCIL PRESIDENT: c ~~;~ CONSENT AGENDA H GENERAL BUSINESS D PUBLIC HEARING D RECOMMENDED MOTION: That the City Council approve the proposed lease with Pinnacle Towers LLC and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: r:u(Approve D Deny D Table D Continue D No Action