Title
Pertaining to an Amendment No. 3 to Site Lease Agreement with Sprint Spectrum Realty Company L.P. to address cable material allowed for upgrade at its Fridley Standpipe wireless site at 7501 Alden Way NE in the city of Fridley.
Body
WHEREAS, the Board of Water Commissioners approved a Lease Agreement dated September 19, 1996 between the Board and Sprint Spectrum Realty Company L.P. ("Sprint") which leased space to Sprint at the Board's Mississippi River Pumping Station for the operation of wireless communication equipment; and
WHEREAS, the Board and Sprint entered into Amendment No. 1 to Lease Agreement dated March 10, 1998 which corrected the legal description of the property and the leased premises; and
WHEREAS, the Board and Sprint entered into Amendment No. 2 to Lease Agreement dated March 1, 2012 which provided for equipment and frequency modifications and an increase in annual rent; and
WHEREAS, at this time, the parties desire to further amend the Lease Agreement to provide for the use of alternative cable material for a 24-month period; and
WHEREAS, Sprint agents prepared Amendment No. 3 to Lease Agreement which provides for said temporary use and with no change in annual rent, and Board staff recommends approval of said Amendment; and
WHEREAS, the assistant city attorney has reviewed said Amendment and has approved it as to form; now, therefore, be it
RESOLVED, that Amendment No. 3 to Lease Agreement between the Board of Water Commissioners and Sprint Spectrum Realty Company L.P. allowing the temporary use of alternative cable material is hereby approved and that the proper officers are hereby authorized and directed to execute said Amendment No. 3 on behalf of the Board.