Title
Airport Telecommunications Lease
Action
Action:
A. Approve a five-year lease with BellSouth Telecommunications, LLC to accommodate communications in the Terminal, and
B. Authorize the City Manager to renew the lease for up to two, five-year extensions.
Body
Staff Resource(s):
Haley Gentry, Aviation
Ted Kaplan, Aviation
Explanation
§ BellSouth Telecommunications, LLC would like to lease space at the Airport for critical communications infrastructure.
§ The terms of the initial lease agreement are as follows:
- Approximately 1414 square feet of space in the main passenger terminal at Charlotte Douglas International Airport;
- A five-year term;
- Rent in the amount of $21,337.26 per year for year one, escalating at a rate of three percent annually for each year thereafter.
Fiscal Note
Funding: Revenue from this lease will be deposited in the Airport Operating Fund.