HomeMy WebLinkAboutRES 2003-013 RESOLUTION NO. 2003-13
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS APPROVING A TOWER/GROUND
LEASE AGREEMENT WITH FIBERTOWER
CORPORATION FOR THE INSTALLATION OF
COMMUNICATIONS EQUIPMENT; AUTHORIZING THE
CITY MANAGER OR HIS DESIGNEE TO EXECUTE SAID
AGREEMENT AND PROVIDING AN EFFECTIVE DATE
WHEREAS, on April 15, 2003 the City of Grapevine (hereinafter referred to as
"Landlord") is in agreement to enter into a Tower/Ground Lease Agreement with
FiberTower Corporation, a corporation organized and existing under the laws in
Delaware (hereinafter referred to as "Tenant"); and
WHEREAS, the Landlord and the Tenant desire to enter into said Tower/Ground
Lease Agreement through the installation of communications equipment on the Dove
Water Tower and through the installation of equipment in a shelter maintained on the
site by AT&T Wireless Communications, and according to specific compensation terms;
and
WHEREAS, the terms of the agreement are attached as Exhibit "A".
NOW THEREFORE, be it resolved by the City Council of the City of Grapevine,
Texas:
Section 1. That all matters stated in the preamble of this resolution are true
and correct and are hereby incorporated into the body of this resolution as if copied in
their entirety.
Section 2. The City Manager is hereby authorized to enter into said
Tower/Ground Lease Agreement Amendment as attached.
Section 3. That all matters stated in the preamble of this resolution are true
and correct and are hereby incorporated into the body of this resolution as if copied in
their entirety.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 15th day of April, 2003.
APPROVED:
William D. Tate
Mayor
ATTEST:
ocee:ete
Linda Huff
City Secretary
APPROVED AS TO FORM:
John F. Boyle, Jr. ,
City Attorney
RES. NO. 2003-13 2
EXH181T_n TO 4A. 4(76,;'�
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EXHIBIT A
GROUND/TOWER LEASE AGREEMENT TERMS
CITY OF GRAPEVINE AND FIBERTOWER CORPORATION
1. Compensation Provisions Established on Graduated Scale Per the Number of
Dishes Installed on Tower:
a. 1st Dish = $300 per Month ($3600 Annually)
b. 2nd Dish = $220 per Month ($6240 Annually)
c. 3rd Dish = $220 per Month ($8880 Annually)
d. 4th Dish = $220 per Month ($11520 Annually)
2. 25 year lease agreement in 5 year renewal terms.
3. Renewal terms subject to lease increase of 15% or the CPI whichever is greater.
4. Ground Equipment Installed in Vault owned by AT&T Wireless Communications.
5. Equipment to be installed in 'dead space' of antennae array currently installed on
tower.