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HomeMy WebLinkAbout10/17/2018 7AAGENDA BILL CITY OF BREMERTON �� CITY COUNCIL SUBJECT: Public Hearing (2 of 2) on Telecommunication Tower Option and Lease Agreement with Vertical Bridge Development, LLC for Forest Ridge Park Study Session Date: Sept. 26 & Oct.10, 2018 COUNCIL MEETING Date: October 3 & 17. 2018 Department: Parks & Recreation Presenter: Jeff Elevado Phone: (360) 473-5428 SUMMARY: The City was contacted by a T -Mobile Site Acquisition representative in late 2016 relative to locating a telecommunication tower on Parks & Recreation property in Forest Ridge Park near the existing Public Works water tanks. The proposal includes construction of a 150 -foot monopole and antenna array with accompanying equipment buildings. The option was later acquired by Vertical Bridge Development, LLC. The City's Legal and Parks & Recreation Departments have been in negotiations with the contractor to finalize the Tower Option and Lease Agreement that is presented here. The proposal has been presented at several Parks & Recreation Commission public meetings. ATTACHMENTS: 1) Telecommunication Tower Option and Lease Agreement; 2) Bremerton Parks & Recreation Commission Advisory Report; 3) Fifo Networks Reports (2); 4) T -Mobile Reports (2); and 5) "Acoustical Report" by SSA Acoustics FISCAL IMPACTS (Include Budgeted Amount): Base Rent Income revenue of $1,750 per month ($21,000 annually) and a $5,250 one-time payment. STUDY SESSION AGENDA: ® Limited Presentation ❑ Full Presentation STUDY SESSION ACTION: ❑ Consent Agenda ❑ General Business ® Public Hearing RECOMMENDED MOTION: Move to approve the Telecommunication Tower Option and Lease Agreement with Vertical Bridge Development, LLC; authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented; and transfer all revenues received from the Option and Lease to a fund dedicated to parks operation, maintenance, and capital improvements, unless otherwise allocated by City Council. COUNCIL ACTION: Approve ❑ Deny ❑ Table ❑ Continue Form Updated 01/02/2018 ❑ No Action