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HomeMy WebLinkAboutContract 37648TY SECRETARY NTRACT NO 0 32 f!7 RENEWAL AGItEEMEiVT WHEREAS, the City of Fort Worth ("City") and. Sprint Spectrum, L.P. ("Licensee collectively referred to as the "parties," made and entered into City of Fort Worth City Secretary Contract ("CSC") No. 24252, ("Agreement") which was authorized by the City Council by M&C L-12317 on the 25th day of August 1998; and 'WHEREAS, pursuant to the Agreement, the City licensed the use of the City's self- supporting communications tower and a portion of the premises owned by the City to Licensee for use of the tower and for installation, operation, and maintenance of certain communications equipment at the tower; and WHEREAS, the Agreement expires on September 30, 2008; and WHEREAS, under the Agreement, and upon consent of the City, Licensee has two consecutive rights of first opportunity to renew its use of the tower and the premises for two terms of five (5) years each; and WHEREAS, Licensee has given proper notice of its intent to exercise t11e second of its two rights of renewal, and approval of Licensee's request to renew is recommended. NOW THEREFORE, City and Licensee, acting herein by and through their duly authorized representatives, enter into the following agreement: 1. Section 2 Subsection 2.2 of the Agreement shall be modified to extend the term of the Agreement. The renewal term shall commence on Qctober 1, 2008 and expire on September 30, 2013. 2. All other provisions of the Agreement that are not expressly amended herein shall remain iA full force anti effect. tlkY\ Executed on this the CT -clay of , 2O0g CITY OF,FORT WORTH: Karen L. Montgomery Assi tant City Manager Date: / O ATTEST: By: Ci Secretary APPROVED AS TO FORM AND LEGALITY: City Attorney ,ontract Authorization )ate SPRINT RICHARD Title: Iw„IVHtatFf Date: -3-0 ATTEST: By: Nan TitlE owmavor and Council communication DATE REFERENCE NUMBER LOG NAME PAGE 8/25/98 **L-12317 04SPRINT 1 of 1 SUBJECT LEASE AGREEMENT BETWEEN THE CITY OF FORT WORTH AND SPRIN SPECTRUM, L.P. FOR SPACE ON CITY COMMUNICATIONS TOWER, HOLLY SITE RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to execute a lease agreement with Sprint Spectrum, L.P. for the use of a City communications tower, Holly site, to install Personal Communications Systems communications equipment; and 2. Authorize the lease agreement to begin on September 1, 1998 and end August 31, 2003 with the option to renew for two (2) additional five-year terms through 2013. DISCUSSION: In the spirit of public enterprise, a lease has been negotiated with Sprint Spectrum, L.P. to install Personal Communications Systems (PCS) equipment at the Holly Communications Tower. This is an existing structure owned and maintained by the City. Any modifications required to the tower will be at the Bole expense of Sprint Spectrums L.P. The City will not bear any costs in providing this lease space to Sprint Spectrum, L.P. The annual payments made by Sprint Spectrum, L.P. under this lease agreement will be $18,000. The revenue generated from this lease will be deposited into the Information Systems Fund and will be used to operate the Information Systems and Services Department. Sprint Spectrum, considering the rental of additional sites at the present time. FISCAL INFORMATION/CERTIFICATION: The Revenue Office of the Finance Department will be responsible for the collection and depositing of revenue from this contract. CB:k Submitted for City Manager's Office by: Charles Boswell 8511 Originating Department Head: Michael DiPaolo 8450 Michael DiPaolo 8450 FUND (ACCOUNT CENTER I AMOUNT I CITY SECRETARY