Number
080810
Version
ORIGINAL
Reference
971409
Sponsor
THE CHAIR
Title
Resolution approving a Second Amendment to Lease Agreement with Verizon Wireless relating to the lease of additional ground space at the Hawley Road Water Tower at 1235 N. 57th Street.
Analysis
This resolution approves a Second Amendment to Lease Agreement with Verizon Wireless entered into pursuant to Common Council Resolution File Number 971409, adopted on March 3, 1998, for additional ground space at the Hawley Road Water Tower at 1235 N. 57th Street.
Body
Whereas, The Common Council adopted Resolution File Number 960171 on June 25, 1996, establishing a policy for the leasing of City facilities for the provision of wireless telecommunications services; and
Whereas, The Common Council further adopted Resolution File Number 991575 on February 18, 2000, amending said policy; and
Whereas, These resolutions also designated the Department of Administration as the City’s sole negotiating agent for marketing City-owned sites to communication services vendors; and
Whereas, Pursuant to Common Council File Number 971409, adopted on March 3, 1998, the City and Verizon Wireless entered into a lease agreement dated March 6, 1998, for the installation and operation of Verizon Wireless’ communication and ancillary equipment at the Hawley Road Water Tower at 1235 N. 57th Street; and
Whereas, The Department of Administration has been working with the Water Works Division and the City Attorney’s Office to negotiate a Second Amendment to Lease Agreement with Verizon Wireless relating to the lease of additional ground space at this property; and
Where, The lease agreement offers a fair market value to the City, protects other City interests, and is acceptable to all City participants; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Common Council approves a Second Amendment to Lease Agreement with Verizon Wireless for the lease of additional ground spac...
Click here for full text