Title
Approval of Antenna Lease Amendments with T-Mobile West, LLC
Recommended Action
Committee Recommendation:
Not referred to a committee
City Manager Recommendation:
Move to approve the Antenna Lease Amendments with T-Mobile West, LLC and authorize the City Manager to sign.
Report
Issue:
Whether to approve the Antenna Lease Amendments and authorize the City Manager to sign.
Staff Contact:
Meliss Maxfield, Water Quality Program and Planning Supervisor, Public Works Department/Water Resources, 360.753.8202.
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
T-Mobile West, LLC has been leasing space from the City of Olympia since 1997. They are requesting to enter into an additional five-year lease term with the City of Olympia.
The properties are located at the Boulevard Road/Log Cabin Water Storage Tank, Fir Street Water Storage Tank, Birch Street Water Storage Tank and Hoffman Court Water Storage Tank.
The City of Olympia enters into these lease amendments with T-Mobile West, LLC as Lessor. T-Mobile West, LLC will compensate the City of Olympia for the ground, antenna, and utilities easement portion of the leases. The Water Utility will receive a total of $337,293.04 over the next five years. The annual lease rates are consistent with other agencies in our area and other western Washington public agencies.
Wireless telecommunication lease agreements located on City-owned property is consistent with the City's Wireless Telecommunication Master Plan. It promotes co-location possibilities at existing sites and minimizes new tower construction.
Neighborhood/Community Interests (if known):
N/A
Options:
1. Approve the Antenna Lease Amendments with T-Mobile West, LLC. The annual lease provides revenue to the Water Utility's annual operating budget.
2. Do not approve the Antenna Lease Amendments with T-Mobile West, LLC. The Water Utility would lose over $62,000 in annual revenue. Not approving the lease will also be inconsisten...
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