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File #: 15-17191    Version: 1 Name:
Type: Consent Item Status: Approved
File created: 1/10/2022 In control: City Council Business Meeting
On agenda: 1/24/2022 Final action: 1/24/2022
Title: AT&T Beacon Tower Lease Extension

Title

AT&T Beacon Tower Lease Extension

 

Action

Action:

Authorize the City Manager to approve a lease amendment with New Cingular Wireless PCS, LLC for an additional five-year term for a telecommunications antenna on the Airport’s rotating beacon tower.

 

Body

Staff Resource(s):

Haley Gentry, Aviation

Ted Kaplan, Aviation

 

Explanation

§                     On June 14, 2006, City Council approved a five-year contract with New Cingular Wireless PCS, LLC to lease adjacent land and attach telecommunications antennas on the Airport’s rotating beacon tower.

§                     City Council has previously approved two, five-year lease extensions dated February 1, 2011, and November 12, 2015.

§                     New Cingular Wireless PCS, LLC’s existing lease expired on October 31, 2021.

§                     This amendment will extend the lease term five years, beginning November 1, 2021.

§                     Annual rent is $58,000 with three percent annual escalations.

§                     The total five-year lease value is $307,929.90.

§                     This activity is occurring on airport property located in Council District 3.

 

Fiscal Note

Funding: Revenue will be deposited into Aviation’s Operating Fund