Loading...
HomeMy WebLinkAbout09-038 Agenda Bill DATE SUBMITTED: February 5, 2009 BILL # 0 '1 - D3 B AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ , SUBJECT: Communications Tower Lease f} V\r1fH'S 0 Y\ ~j<. Committee Meeting Date: COUNCIL MEETING Date: Department: Presenter: Phone: February 11,2009 February 18, 2009 Pub Wks & Utiliti~ Paul Lucas ~ _,,_~...__ 473-2328 SUMMARY: The current lease on the STC Five LLC-owned tower at Anderson Creek with SprintlNextel expired in April of 2008. This lease has been running on a month-to-month basis. Reason for the delay was change in site management. The current manager of the site, Crown Castle for STC Five 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 $695.97 per month along with 100% of any co-locates. Current payment is $618.72 per month. ATTACHMENTS: Proposed Lease FISCAL IMPACTS (Include Budgeted Amount): Increase in annual revenues of $927.00. --'"~~ COMMITTEE CHAIR COUNCIL PRESIDENT: ~~ CONSENT AGENDA GENERAL BUSINESS D PUBLIC HEARING D RECOMMENDED MOTION: That the City Council approve the proposed lease with.$TC;:'fwe->'L>L/(tand authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: 0' Approve D Deny D Table D Continue D No Action