Title
Approving and authorizing execution of an Amendment No. 1 to Site Lease Agreement between the Board of Water Commissioners and T-Mobile Central LLC to allow additional wireless communication equipment at the McKnight Road Water Tower site at 393 North McKnight Road.
Body
WHEREAS, the City of Saint Paul does possess fee simple title to the water tower site commonly known as the McKnight Road Standpipe located at 393 N McKnight Road, Saint Paul, Minnesota (the "Property"), such possession of title being for benefit of the Board of Water Commissioners of the City of Saint Paul (the "Board"); and
WHEREAS, the Board approved a water tower site lease agreement dated September 25, 1996 whereby the Board leased space to APT Minneapolis, Inc., predecessor in interest to T-Mobile Central LLC, for the operation of wireless communication equipment at the Property (the "Lease"); and
WHEREAS, Saint Paul City Council approved the Lease by adoption of Resolution No. 96-1177; and
WHEREAS, at this time, T-Mobile Central LLC and the Board desire to amend the Lease to provide for additional wireless equipment and an increase in annual rent; and
WHEREAS, the Board did adopt Resolution No. 15-863 approving an Amendment No. 1 to Site Lease Agreement, which provides for such additional equipment at an increase of $6,480.97 in annual rent, resulting in a total annual rent of $31,763.45 for 2015, with all other terms and conditions to remain unchanged and in effect; now, therefore, be it
RESOLVED, that Amendment No. 1 to Site Lease Agreement between the Board of Water Commissioners and T-Mobile Central LLC providing for additional equipment and increased rent at the Board's McKnight Road Standpipe site located at 393 N McKnight Road in Saint Paul, Minnesota is hereby approved, and that the proper officers are hereby authorized and directed to execute said Amendment No. 1 on behalf of the City of Saint Paul.