Number
110460
Version
SUBSTITUTE 1
Reference
991882, 050053, 100072
Sponsor
ALD. MURPHY
Title
Substitute resolution approving and extending a lease agreement with T-Mobile for the placement of personal communications services antennas at the Zeidler Municipal Building, 841 N. Broadway Street.
Analysis
This resolution extends a lease agreement with T-Mobile Central LLC (T-Mobile) for the placement of personal communications services antennas at the Zeidler Municipal Building, which was authorized by Common Council Resolution File Number 991882, adopted on April 11, 2000. T-Mobile succeeded to the interests of Voicestream Wireless following renewal of the lease agreement authorized in Resolution File Number 050053 and substitution of T-Mobile authorized in Resolution File Number 100072. The term of the extended lease will expire on June 18, 2015.
Body
Whereas, The Common Council adopted Resolution File Number 991882 on April 11, 2000, approving a 5-year lease agreement with Voicestream Wireless for the placement of personal communications services antennas at the Zeidler Municipal Building, 841 N. Broadway Street; and
Whereas, The lease agreement with Voicestream Wireless was extended for a 5-year term authorized by resolution File Number 050053, adopted May 20, 2005; and
Whereas, T-Mobile Central LLC (T-Mobile) succeeded as tenant to the lease as authorized by Resolution File Number 100072, adopted June 15, 2010; and
Whereas, The Department of Administration, working with the City Attorney's Office, has negotiated an amendment extending the lease agreement; and
Whereas, This agreement provides a 5-year extension of the lease agreement between the City and T-Mobile for the placement of personal communications services antennas at the Zeidler Municipal Building, 841 N. Broadway Street, expiring on June 18, 2015; and
Whereas, The lease agreement offers a fair market value to the City, protects other City interests, and is acceptable to all City part...
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