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REP 18-217

Sprint Lease Agreement Details: Sprint Spectrum L.P. has leased antenna and ground space on the Upper Prune Hill water tower site since 1994. The lease expired in 2015. Since that time, staff and the City Attorney have worked with Sprint Spectrum L.P. to negotiate a new lease agreement. The new agreement has been completed and is attached. The lease term is five years in duration at $2,000 per month with an annual rent increase of 3%. Presenter: Sam Adams, Utilities Manager

Informational Report Meeting Item Introduced May 7, 2018

What this record is

Amount
$2K
Runs until
no end date published in this record
Type
contract
Field
Real estate

Read automatically from the title of the official record. The source document below is authoritative.

Committee
CITY COUNCIL WORKSHOP
Requested by
Public Works
Introduced
May 7, 2018
On agenda
May 21, 2018