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HomeMy Public PortalAboutAmerican Tower lease THIRD AMENDMENT TO GROUND LEASE AGREEMENT • (J-rf laf r 0ci THIS THIRD AMENDMENT TO GROUND LEASE AGREEMENT ( "Third Amen ment") is entered into as of the ,3) day of (' Lts1' , 2009 ("Effective Date "), by and between The City of Tybee Island, a municipal corporon of the state of Georgia (hereinafter referred to as "Landlord") and Spectrasite Communications, LLC, a Delaware Limited liability company, (hereinafter referred to as "Tenant "). WITNESSETH: A. Landlord is the owner of that certain parcel of land (the "Property") located in the County of Chatham, State of Georgia, and Landlord, and Nextel South Corp., predecessor in interest to Tenant, entered into that certain Ground Lease Agreement dated December 11, 1997, (the "Agreement") as amended by that certain First Amendment to Ground Lease Agreement, by and between Landlord and Tower Asset Sub, LLC, predecessor in interest to Tenant, dated August 24, 2006, (the "First Amendment "), as amended by that certain Lease Amendment, by and between Landlord and Tenant, dated December 21, 2007 (the "Second Amendment ") (collectively, the "Lease "), whereby the Tenant leases a portion of the Property ( "Premises "), together with any easements for ingress and egress and the installation and maintenance of utilities, all as set forth in the Lease (hereinafter collectively the "Site "). The Property and Premises /Site are depicted in Exhibit A attached hereto. B. Landlord and Tenant desire to amend the terms of the Lease as provided herein. NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. Compound Expansion. a. Effective as of the Commencement Date (as defined below), Landlord hereby leases to Tenant an additional 480 square feet of land ( "Additional Area ") contiguous to the Premises as designated on Exhibit B. Upon the Commencement Date, the Additional Area is hereby included in the Premises under the Lease. Exhibit B may be replaced by Tenant with a survey depicting the actual legal description of the Premises and/or the Site. b. Landlord hereby grants to Tenant, its officers, agents, employees and independent contractors the right and privilege to enter upon the Property, Site, and /or the Additional Area at any time after the date of this Amendment, to perform or cause to be performed test borings of the soil, environmental audits, sampling, and /or tests, engineering studies and to conduct a survey of the Property and/or the Site and the Additional Area. Landlord will provide Tenant with any necessary keys or access codes to the Property if needed for ingress and egress. Landlord will not unreasonably interfere with Tenant's use of the Property in conducting these activities. c. The "Commencement Date" shall be the earlier of: (i) the date Tenant notifies Landlord in writing that Tenant elects to commence leasing the Additional Area; or (ii) the Rent Commencement Date, as defined below. d. The "Rent Commencement Date" is the earlier of: (i) the date that Tenant issues a written `Notice To Proceed' to one of its actual or prospective licensees or subtenants Third Amendment to Ground Lease Agreement Tybee Island, GA 303430 ( "Customer ") for the purpose of commencing the Customer's installation of equipment on all or a portion the Additional Area; or (ii) if no written Notice to Proceed is issued, then the date that a Customer which has entered into a license or sublease agreement with Tenant commences to install such Customer's equipment or other personal property at the Additional Area;, or (iii) 18 months after the Effective Date of this Amendment. e. The Rent Commencement Date shall be contingent on: (i) Tenant entering into a binding agreement with a Customer for that Customer's occupation of a portion of the Additional Area and Tenant and such Customer obtaining all necessary certificates, permits, licenses, and other approvals that may be required by any federal, state, or local authority for a Customer to occupy and operate on the Additional Area and Site; and (ii) Tenant determining, at its sole discretion, that the status of title of Landlord as to the Additional Area is acceptable to Tenant; and (iii) Tenant determining at its sole discretion that the Additional Area, Site and Property are clear of any hazardous substances, which include any material or substance which is or becomes defined as a hazardous substance, pollutant, or contaminant, subject to reporting, investigation, or remediation pursuant to any federal, state, or local governmental authority, and any oil, or petroleum products or their by- products. If any one of the above contingencies shall not be satisfied, then Tenant may, at any time prior to the Rent Commencement Date, in writing to Landlord, terminate this Section 1 in its entirety and this Section 1 shall then be null and void and of no further force and affect, provided that the remainder of this Amendment will otherwise survive and continue in full force and effect. f. Commencing on the Rent Commencement Date, the monthly rent payable under the Lease shall be increased by Six Hundred Seventy Five and No / 100 Dollars ($675.00) per month. 2. Landlord Consent. Landlord hereby consents and approves to the subleasing and /or licensing of the Site, or a portion thereof, and/or Tenant's facilities, by Tenant, to New Cingular Wireless PCS, LLC and its parents, subsidiaries, affiliates, successors and assigns ( "AT &T Wireless "). AT &T Wireless shall be entitled to modify the Premises and any facilities or structures thereon and to erect additional improvements on the Premises, including but not limited to, antennas, dishes, cabling, additional storage buildings or equipment shelters. 3. Notices. All notices or demands by or from Tenant to Landlord, or Landlord to Tenant, required under this Lease will be in writing and sent (United States mail postage pre -paid, certified with return receipt requested or by reputable national overnight carrier service, transmit prepaid) to the other party at the addresses set forth below, as applicable, or to such other addresses as the parties hereto may, from time to time, designate consistent with this paragraph, with such new notice address being effective 30 days after receipt by the other party. Notices will be deemed to have been given upon either receipt or rejection. Third Amendment to Ground Lease Agreement Tybee Island, GA 303430 Landlord: City of Tybee Island P.O. Box 2749 Tybee Island, GA 31328 -2749 Tenant: American Tower 10 Presidential Way Woburn, MA 01801 Attn: Land Management With a copy to: American Tower 116 Huntington Ave. Boston, MA 02116 Attn: Legal 4. Paragraph 7 of the Lease is hereby deleted and replaced by the following: Modification of Premises. Tenant, and its licensees and sublessees, without prior notice to or consent of Landlord, shall have the right: (i) to modify, replace or repair any facilities, utilities, equipment, structures, property or improvements ( "Improvements ") now or hereafter located on the Premises and (ii) to add additional Improvements on the Premises. Improvements include, but are not limited to towers, antennas, cabling, additional storage buildings, cabinets and shelters. Any provision of the Lease that requires additional consideration to be paid to Landlord for the modification or addition of any Improvements is null, void and of no further force and effect. 5. Approvals. Without limiting any of Tenant's other rights under the Lease, Landlord shall cooperate with Tenant, at no out -of- pocket expense to Landlord, in Tenant's efforts to obtain, maintain, renew and reinstate any and all of the certificates, permits, licenses, zoning, variances and other approvals which may be required from any federal, state or local authority as well as any necessary easements for Tenant or Tenant's sublessees, licensees, and /or customers' occupation or use of the Site (collectively, the "Approvals "). Landlord agrees to execute within 15 days after receipt of a written request from Tenant any and all documents necessary, in Tenant's reasonable judgment, and in a form reasonably acceptable to Tenant to allow Tenant and its sublessees, licensees, and /or customers to obtain, maintain, renew or reinstate the Approvals. 6. Signage. Without limiting any of Tenant's rights under the Lease, Tenant shall have the right to install and maintain identifying signs or other signs required by any governmental authority on or about the Site, including any access road to the Site. 7. Documentation. Upon any permitted transfer or assignment of the Landlord's interest in this Lease, prior to Tenant's being obligated to make any rent or other payments to the successor Landlord, Landlord's successor will provide Tenant with a completed Internal Revenue Form W -9, or then equivalent form, and any other reasonably necessary documentation requested by Tenant in order to confirm such transfer of the Lease. 8. Memorandum of Lease. Upon request by Tenant, Landlord shall execute and deliver to Tenant a Memorandum(s) of Lease, reflecting this Amendment, in a form reasonably acceptable to Tenant and which is recordable in the county in which the Property is located. 9. Ratification/Estoppel. Tenant and Landlord each hereby ratifies and confirms that the Lease is in full force and effect. Landlord represents and warrants that, as of the Effective Date, Tenant is not in default in the payment or performance of its obligations under the Lease and, to the best of Landlord's current knowledge, there is no existing condition that, although not presently a default, may result in a Third Amendment to Ground Lease Agreement Tybee Island. GA 303430 default under the Lease. Except as modified herein, the Lease and all the covenants, agreements, terms, provisions and conditions thereof remain in full force and effect and are hereby ratified and affirmed. If any inconsistency exists or arises between the terms of the Lease and the terms of this Amendment, the terms of this Amendment shall prevail. 10. Entirety; Amendment; Counterparts. This Amendment, together with the Lease, constitutes the entire agreement among the undersigned parties hereto. Any modification to this Amendment must be in writing and signed and delivered by authorized representatives of the affected parties in order to be effective. This Amendment will be governed by the laws of the state in which the Site is situated. This Amendment may be executed in any number of counterparts, each of which shall be an original, which may be delivered via facsimile, but all of which taken together shall constitute one instrument. Third Amendment to Ground Lease Agreement Tybee Island, GA 303430 IN WITNESS WHEREOF, Landlord and Tenant have each executed this Third Amendment as of the Effective Date written above LANDLORD: WITNESSES: The City of Tybee Island, a municipal corporation of the state of Georgia -2. - 4S 4.4 t4..�c y Signature t Aivi Print Name j rti t it 1 /..k, 4 ' Signature Print Name: (Se, Ak(r ACKNOWLEDGEMENT State of County of ` ) On 1 ; : iktN L before me, k � L _ .r`C % ' (here insert name), a Notary Public, personally appeared ,NcAk . ; �� i ,mac t C >���i �v , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary Public, , Print Name: u \' \. () \ ` }� ` - 115 My commission expires: 1 t c Third Amendment to Ground Lease Agreement Tybee Island, GA 303430 FIRST AMENDMENT TO GROUND LEASE AGREEMENT THIS FIRST AMENDMENT TO GROUND LEASE AGREEMENT ( "First Amendment ") is entered into on the Z `( day of eQk-t f ,, Ls , 2006, by and between The City of Tybee Island, a municipal corporation of the State of Georgia (hereinafter referred to as "Lessor") and Tower Asset Sub, LLC, a Delaware limited liability company (hereinafter referred to as "Lessee "). WITNESSETH: WHEREAS, Lessor and Nextel South Corp., a Georgia corporation, predecessor in interest to Lessee executed and entered into that certain Ground Lease Agreement dated December 11, 1997, (the "Lease "), for the purpose of installing, operating and maintaining a communications facility and other improvements on the Site (as described in Exhibit A attached hereto and incorporated by reference herein); and WHEREAS, Lessor and Lessee desire to amend certain provisions in the Lease; NOW, THEREFORE, in consideration of the mutual covenants and promises contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, Lessor and Lessee hereby agree and contract as follows: 1. Lessor hereby leases to Lessee an additional Five Hundred Fifty -Five (555) square feet contiguous to the leased area as described in Exhibit B attached hereto and incorporated by reference herein. Lessee shall continue to pay as obligated under the Lease pursuant to Paragraph 6. 2. Lessee shall pay Lessor additional consideration for the ground space comprised of 555 square feet in the amount of Four Hundred and Two and No/Dollars ($402.00) per month commencing on the date a notice to proceed is issued to a tenant of Lessee to install within the additional ground space. This additional consideration shall also increase as set forth pursuant to the terms of the Lease. 3. Paragraph 22 is hereby deleted and replaced with the following: "Notices. All notices must be in writing and shall be valid upon receipt when delivered by hand, by nationally recognized courier service, signed receipt requested, or by First Class United States mail, certified, return receipt requested, addressed as follows: Lessor: The City of Tybee Island, Georgia 403 Butler Avenue P.O. Box 2749 Tybee Island, GA 31328 -2749 Lessee: American Tower 10 Presidential Way Woburn, MA 01801 Attn: Land Management With a copy to: American Tower First Amendment to Ground Lease Agreement Tybee Island GA, Site # 303430 116 Huntington Avenue Boston, MA 02116 Attn: Legal Department The parties may substitute recipient's names and addresses by giving at least thirty (30) days notice. Rejection or refusal to accept delivery of any notice, or the inability to deliver any notice because of a changed address of which no notice was given, shall be deemed to be receipt of any such notice." 4. The following is inserted as Paragraph 25: "Signage. Lessor grants to Lessee the right to install and maintain during the Teem of this Lease identifying signs or other types of signs required by any governmental authority on or along any access road to the Site, including, if necessary, signs visible from the nearest public street, at locations where an access road diverges, or if an obstruction obscures visibility of the Site and Improvements. Lessee agrees to minimize the size of such signs as reasonably required for readability and compliance with regulations or directives of any governmental authority. Lessee hereby agrees to abide by local signing ordinances to the extent applicable." 5. Lessor represents and warrants that as of the date of this execution, there are no uncured defaults under the terms of the Lease and that the Lease is in full force and effect. 6. All other terns of the Lease except as may be amended herein, or as may be in conflict with the provisions of this First Amendment, shall be deemed incorporated into this First Amendment. 7. Except as amended herein, all terms, conditions, provisions, covenants and agreements contained in the Lease are hereby ratified and confirmed in their entirety. The terms used herein and not otherwise defined in this First Amendment shall have the same meaning as set forth in the Lease. [SIGNATURES NEXT PAGE] First Amendment to Ground Lease Agreement Tybee Island GA, Site # 303430 IN WITNESS WHEREOF, the parties hereto have set their hands and seals on the day first above written. LESSOR: WITNESSES: The City of Tybee Island, a Municipal corporation of the State of Georgia ociepsi.„ I .N . L • j� Print Name: ts: 037 L Mock Print Na Approved as to form: 'L Edward M. Hughes, Esq. City Attorney LESSEE: Tower Asset Sub, LLC a Delaware limited liability company d i � Jasos� Hirsch Tr , - �,_ i � - 70 D• ector, Land Management Print Name: 1'44,3, /2 First Amendment to Ground Lease Agreement Tybee Island GA, Site # 303430 1 i LEASE AMENDMENT This LEASE AMENDMENT ("Amendment") is made effective as of the latter signature date hereof ( "Effective Date ") by and between CITY OF TYBEE ISLAND ( "Lessor ") and Spectrasite Communications, LLC, a Delaware limited liability company ( "Lessee "). RECITALS A. Lessor, or its predecessor in interest, and Lessee, or its predecessor in interest, entered into that certain lease dated December 11, 1997 (as amended, the "Lease "), whereby the Lessee leases a portion of the real property owned by Lessor ( "Property "). B. Lessor and Lessee desire to amend the terms of the Lease to extend the term thereof and as otherwise provided herein. NOW, THEREFORE, in consideration of the foregoing recitals and mutual covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. Lease Term Extended: Lessee shall have the option to extend the Lease for each of four (4) additional five (5) year renewal terms (each a "Renewal Term "). The first such Renewal Term shall commence on the day following the expiration of the last remaining renewal period available under the Lease. The Lease will automatically renew for each successive Renewal Term unless ninety (90) days prior to the expiration of the then current term Lessee notifies Lessor that Lessee elects not to renew the Lease. 2. Rent and Escalation: Commencing on December 1, 2017 and each additional term thereafter, the rent, payable under the Lease is hereby increased by an amount equal to 15% of the rent payable for the year immediately preceding such increase. Lessor and Lessee agree that all rent and payments in accordance with this lease amendment shall continue to be paid to, and all taxable income from the same shall be reported by, CITY OF TYBEE ISLAND GA. 3. One -time Payment: Lessee shall pay to Lessor a onetime payment in the amount of $6245, payable within ten (10) business days of Lessee's receipt of this Lease Amendment executed by Lessor. Such onetime iayment is contingent on Lessee receiving the executed lease amendment by . Dec-ern /.e,Iz 2l 2,2 7 , 4. Memorandum of Amendment. Upon written request by Lessee, Lessor shall lly cooperate with Lessee and execute a Memorandum of Lease that is recordable within the jurisdiction in which the Property is located. Lessor agrees not to transfer, assign, sell, or convey any or all interest of the Property to another party until Lessee records a Memorandum of Lease. This provision shall not apply to any sale or transfer of the Property from Lessor to any member of Lessor's immediate family. For the purposes of this provision, Lessor's immediate family shall be defined as the parents, children, grandchildren or siblings of the Lessor. 5. Full Force and Effect; Entirety: Amendment; Counterparts. Except as modified herein, the Lease and all the covenants, agreements, terms, provisions and conditions thereof remain in full force and effect and are hereby ratified and affirmed. This Amendment, together with the Lease, constitutes the entire agreement among the undersigned parties hereto. Any modification to this Amendment must be in writing and signed and delivered by authorized representatives of the affected parties in order to be effective. This Amendment may be executed in any number of counterparts, each of which shall be an original, but all of which taken together shall constitute one instrument. IN WITNESS WHEREOF, Lessor and Lessee have each executed this Amendment as of the dates written below. LESSEE: LESSOR: Spectrasite Communications, LLC, a Delaware limited CITY OF TYBEE ISLAND liability company ,>,7 'IV \------- • By: Jason D. f sch 5? A.<04 11-• g a 1 Its: Vice P , zdent, Land Manage ent Its: I"- Date: / 49/3,6/63 /./ /4 , o --- Date: • �^t. (s 7 /(k------ _____/34.:Lxii,...Azzaa____ By: 1 L ' -1 1, rk V Cc Its: .6, (� Date: t Z (Z o ( Dei t TYBEE ISLAND /303430/GA 05/01/2003 14:18 FAX 919 465 6826 SPECTRASITE Z001 • p ectraSite FAX Cover Sheet bate: May 1, 2003 No. Of Pages: I (with cover) To; Vivian Woody City of Tybee Island FAX; 866 - 786 -5737 Froth: Diane Bolding Tower Operations South Region FAX: (919) 468-8522 Phone: (919) 466 -5582 Message: G.A. -- 7011 /Tybee Island Vivian.: Attached is the Ground Lease Agreement for cell tower site GA- 7011. Rental checks are currently in the amount of $1,15930 (ground rent), as per Paragraph 5 of the lease. There are no subleases on the tower, therefore there is no additional rent due to collocation as per Paragraph 6. If you have any further inquires, please feel free to contact me at the number listed above. j e Diane L. Boldixig ly 400 Regency Forest Drive, Gary NC 27511 T • 9- 468 -0112 Faux: 919 - 468 -8822 www.spectrnsite.corn (:tom f g8.-- RE -- 366 i7 05/01/2003 14:19 FAX 919 465 6826 SPECTRASITE i�1j002 ;. Ak. 1-01 GROUND LEASE AGREEMENT Jqq. THIS WOUND LEASE A,OREEMENT, hereinafter Lease Agreement, maade this /El '' day of /` . ,19 qg, by and between THE C1TY OF TYBEE ISLAND, a municipal corporation of the State of Georgia, hereinafter designated as Lessor, and NEXTEL SOUTH CORP., a Georgia corporation, hereinafter designated as Tenant. RECITALS: WHEREAS, the installation on 'Lessor -owned Property, of equipment, including antenna and cell facilities and related equipment, to enable the provision of mobile telecommunications and high - capacity telecommunications services as well as other telecommunications services will improve the quality and availability of these services in the city by improving the accessibility of antenna and cell sites and the conneetic n of such sites, and, WHEREAS, the use and installation, of such facilities and equipment wall provide for the deployment of innovative technologies serving the diverse needs of the City's residents and businesses by providing practical service for everyday communications as well as access to emergency services, health services, commercial businesses and residences, and, IIHEREAS, the availability of such facilities will provide redundancy and route diversity and an alterative to traditional telephone services in the event of localized or citywide disaster, and WHEREAS, suitable Lessor - owned Property located near the police station at Tybee Isbnid, and not being utilized for other public purposes has been identified on which to site a communications tower, and WHEREAS, Lessor covenants that Lessor is seized of good and sufficient title and interest to the Property, as hereinafter defined, and has full authority to enter into and execute this ;tease Agreement and further covenants that there are no other liens, judgments or impediments of title on the Property; NOW THEREFORE, FOR AND IN CONSIDERATION of the mutual covenants and conditions set forth herein, and other good and valuable consideration, the receipt end sufficiently of which is hereby acknowledged, the parties hereby agree as follows: 1. PROPERTY ACCESS Lessor hereby leases to Tenant and Tenant leases from Lessor that speciftcz land area, hereinafter called the Property, identified and described in attached Exhibit "A', which is located in the City of Tybce Island, Georgia for the term, and at the reset, and upon OR (DOM. 17.(1A1 11/01/2003 14:19 FAX 919 465 6826 SPECTRASITE 211003 ' ,: all of the conditions and agreements set forth herein. Excluding circunastances and/or events beyond the control of Lessor, nonexclusive access to the Property iEtduding ingress and egress from public roads through property owned by Lessor will be available, 24 hours a day, 7 days a week by foot or by motor vehicle. Lessor grants Tenant the right and easement to use adjoining and adjacent Lessor-owned property identified more fully in Exhibit "B", attached hereto and incorporated by reference herein, as is reasonably required during construction, installation, maintenance, and operation of the GOVIMUttielltiOlIS facility, provided, however, that Tenant shall indemnify and hold harmless Lessor 'from any and all loss or damage arising solely from , r • Tenant's use of said right and casement granted herein. , By taking possession of the Property, Tenant accepts it in the condition in which it may then be except for latent or hidden defects, and waives any right or claim ;against lAa'0r arising out of the Property, inclading, the improvements thereon, the appurtenances thereto, and the equipment thereon. The Lessor hereby represents and , warrants to the Tenant that, to the best. of its knowledge but without investigation, the Property is not contaminated in violation of applicable laws by hazardous materials, hazardous waste or hamirdous substances. Tenant hereby covenants and agrees that on or i after the date hereof, it shall not introduce in or on the Property in violation of applicable lavis any hazardous substances, hazardous materials or haZilftiOUS wastes, and agrees to indemnify and hold harrniessl.,4SW from eny and 4 loss or damage caused by violation of , such covenant. s Tenant ' $ h for pay 2. NECESSARY UTILITY FACILITIES "1"enatit shall have access, consistent with the term of the Lase Agreement, .. foot right.obway over, under or along a t i f i a t t a ' ..-14 1 ( la V ii 7 oft '44" ' a ) it a d r.ei n e ti l t l ..-, it it te ,,—. to o t f ile nti lia lity as w e ir P e a s l , c c e a l' b Is les s , li c a oL n u o it n s Eanxiihipbi Tnca Exhibit 1,C' att , for all charges for electricity and other utility services used by Tenant on the Property (including the right to install, or have installed, a backup electrical generator solely for the use of the Tenant). The liability and indemnity requirements as provided for in Section 12 and the insurance requirements as provided for in Section 13 shall also apply to Tenant's use of the right-of-way. ' u 3. RIGHT TO SURVEY lessor also hereby grants to Tenant the right to survey said ProperV, and the legal description on said survey shall then become Exhibit "Er, which shall be attacked , hereto and made a part hereof, and shell control in the event of discrepancies betwceu h and Exhibits "A' and "B". Lessor grants Tenant the right to take measurements, make , } ' 2 _i 05/0i/2063 14:20 FAX 910 465 6326 SPECTRASITE ig uo4 calculations, and to note other structures, setbacks, uses or other information as deemed by Tenant to be relevant and pertinent and, as such information relates to Lessor's real property, leased or otherwise abutting or surrounding the Property. Bost for such survey work shall be borne by Tenant. 4. TERIVI This Lease Agreement shall be for an initial ten of five (5) years beginning on the date the fuse Agreement is executed by the Mayor of the City of Tybee island. So long as no default exists in Tenant's obligations hereunder, this base Agreement shall have three (3) renewal terms of five (5) years each, which renewals shall autotxtatically take effect upon expiration of the prior tern, provided, however, after the initial term, the Tenant may elect not to exercise any subsequent renewal term by giving not less than one hundred and twenty (120) days written notice to the Lessor prior to commencement of any such renewal term. 5. RENTAL PAYMENT Rent dung the initial five (5) year term, shall be paid at an annual rental amount of TWELVE THOUSAND DOLLARS AND 001100ThS ($12,000.00) to be paid is equal monthly installments of ONE THOUSAND DOLLARS AND OO19 OOTTHS ($1,000.00) on the first day of the month, hi advance, to the CITY OF TYBEE ISLAND or to such other person, firm or place as Lessor may, from time -to- time, designate in writing at least thirty (30) days in advance of any rental paxn,ent date. The annual rental amount for the first (5) year extension shall be in the amount of THIRRTFF,N THOUSAND NINE HUNDRED ELEVEN DOLLARS AND 241,100THS ($13,911.24) to be paid in equal monthly installments of ONE THOUSAND ONE HUNDRED FIFTY-NINE DOLLARS AND 27\100THS ($1,159.27) as aforesaid. The annual rental amount .for the second (5) year extension shall be in the amount of SEEN THOUSAND ONE HUNDRED TWENTY DOLLARS AND 9211 THS ($16,126.92) to be paid in equal monthly installment, of ONE THOUSAND THREE HUNDRED FORTY- THREE DOLLARS AND 91\100THS 01,343.91) as aforesaid. The annual rental for the third fivewyear extension shall be in the amorsnt of EIGHTEEN THOUSAND SIX HUNDED NINETY -FIVE DOLLARS AND 52110OTHS (18,695.52) to be paid in equal monthly installments of ONE THOUSAND FIVE BRED FIFrY,SEVEN DOLLARS AND 961100TH ($1,557.96) as aforesaid. 3 05/01/2003 14:21 FAX 919 465 6826 SPECTRASITE I] 005 6. COLLOCATION AND FURTHER CONSIDERATION To the extent Tenant offers and subleases the use of tower space to unrelated entities as sublessees whether in connection with mobile sevice or for any other • telecommunications or related service, Tenant shall further pay an additional monthly fee to lessor in the kiln of rent in the amount of ten percent (10%) of the amount received from each sublessee in return for the use of the facility. This additional rental fee will be in addition to and not in lieu of rental fees payable pursuant to the preceding Section 5. Stith additional rental payment shall bo made monthly sitnultanaeously with the regular rental payment on the first day of the month. Failure to remit the additional rental payment shall constitute a default as provided for in Section 11k(i) of this Lease Agreement. Lessor shall additionally have the a c]uive use of the space on the tower win clais located between 9,5 11,1r /C)5 r (description of height of tower at which City's equipment wit a placed). Lessor will install equipment which does not exceed the maximum load limitations as directed by Tenant, Prior to any installation of any equipment, Lessor shall submit detailed plans and specifications to Tenant for its review and approval, which approval shall not be unreasonably withheld, delayed or conditioned. Tenant shall ensure that the plans and specifications are consistent with Lessor's and Tenant's operations and will not cause interference with Ten'ant's pearnitted use. In the event Lessor's equipment, despite Tena'nt's efforts to avoid same, causes interference with Tenant's equipment and operations, the the Lessor to the extent its equipment is installed after that of the Tenant's. shall cease operation of such equipment until such interference issues can be resolved to the mutual satisfaction of the parties, 7. USE OF PROPERTY Tenant agrees to use the Property solely for the purlaoses of constructing, maintaining, repairing, operating and removing a communications facility, which may ir lode subleases with others as provided for is Section 20.B. of this Lease Agreement, and such facility shall consist of a monopole structure of 150 feet maximum to meet Tenant's telecommunications needs, equipment buildings and equipment for cmnmththcation, reception and transmission and appurtenances to the building and equipment. Ali materials furnished for work clone can the Property by Tenant shall be at Tenant's sole cost and expense. Tenant agrees to protect the Property, and Lessor, from all claims of contractors, laborers and raterialrrien. 8. MAINTENANCE AND INSPECTION Tenant shall at all times during the term of the Lease Agreement maintain the tower and all appurtenances and related equipment in good repair. Immediate on 4 05/01/2003 14 :21 FAX 919 465 6526 SPECTRASITE Z006 • cornpletioaa of pg astrailsjsm "fenart shed anyide l t ezneritten documentation execute a respeaasible Compan attestiee to the structural iarte the trsvrer as it is built and further certifying that the tower as built on site is of sufficient size and streeeth 'under current industry standards safely accommodate the customa a tenna array of $e least three wireless communications services providers, which shall be certified by an engineer according to the structural standards developed by and applicable to the industry. To ensure the ongoing, structural integrity of the f rcility, Tenant shall also maintain the tower in compliance with standards contained in applicable local building codes and the applicable standards that are published by the Electronic Industries Association or the Telecommunication Industry Association, as amended from time to tine. The tower must meet or exceed current standards and regulations of the FAA, the KC, and any other agency with the authority to regulate towers and antennas. If such standards and regulations are changed, then the Tenant shall bring the condition of the tower into compliance. as soon as possible but in no event later than the compliance date as provided for by the changed standard or regulation. In the event such standards or regulations are changed, and the cost to upgrade the tower is excessive, in Tenant's reasonable determination:, than it may terminate this Lease Agreement upon thirty (30) days prior written netiee to Lessor, it shall promptly remove the tower, all electronic equipment, aaatennas, and other items of personal property from the Property, leaving, however, the concrete foundation, which shall in no event be removed. Lessor shall upon reasonable notice have the right to inspeet the Property and any associated communications facilities or appurtenances for compliance with the terms and conditions of this Lease Agreement and for compliance with any such zoning or other ordinances or regulations as may be applicable. 9. PERMITS AND APPROVALS Tenant shall abide by all zoning arad other procedural requirements governing the location of such facilities. Tenant shall, as its sole cost and expense obtain all Federal, State and local authorizations required in order to construct, operate, or otherwise • implement its use of the Property, Upon request, Lessor agrees to cooperate with Tenant in obtaining, at Tenant's expense, any licenses, permits and other approvals required. It is understood and agreed that Tenant's ability to use the Property is contingent upon its obtaining all of the certificates, permits and other approvals that may be required by rimy federal, state or local authority. In the event that any of such applications should be finally rejected or any certificate, permit, license or approval issued to Tenant is canceled, expires, lapses, or is otherwise withdrawn or terminated by • governmental authority, Tenant and lessor shall have the right to terminate this Lease Agreement under the terms and conditions provided in Section 1O. 5 • 05, 01!2003 14:22 FAX 919 465 6826 SFECTFASITE 4007 • Prior to taking possession of the Property, Tenant will file a site plan for the use of the Property, to include such information as Lessor may deems reasonably necessary, Lessor shall be empowered to approve or disapprove the site plan, including the power to place reasonable conditions on and make warranted adjustments in the provisions of the site plea as submitted. In addition the site plan information as indicated in the preceding paragraph, all site plans shall include the provision of security fence, to be erected on site and at Tenant's expense, of not less than six feet (6') in height and equipped with an anti - climbing device, consisting of chain link construction or similar but comparable construction which shall be placed around the perimeter of the Property (not including the easement). At Lessor's discretion, appropriate landscape buffer shall be included in the site plan such that plant materials that effectively shield the view of the tower componrid from the perimeter of the Property shall be included. The standard buffer shall consist of a landscaped area of not less than four feet (4') in width, t TERM1NATtON to re i ra of Leese reer At the expiration of the term of the Lease Agreement and any extension thereof, the tower, being the sole possession of Tenant shall within sixty OD) clays, be removed by Tenant at Tenant's expense, Tenant shall also remove its personal property and fixtures and restore the Property to its original above grade condition. When this Lease Agreement is terminated, at Lessor's choice and upon Lessor's advance written notice to Tenant, Tenant will leaves the foundation, landscaping and security fence, if any, to become property of Lessor. B. Termination by Tenant. Notwithstanding anything herein to the contrary, this Lease Agreement may be terminated by Tenant on sixty (60) days prior written notice under the following circumstances: (1) if Tenant is unable to occupy and utilize the Property due to public condemnation; (ii) if Tenant determines that the Property is not appropriate for its operations for tt` °hnolo ieal reasons, including without limitation, signal interference; (iii) if Ten_tnt cannot obtain or maintain zany license, permit or other approv d necessary for the construction and operation of Tenant's equipment; or 6 05/01 /2003 14:23 FAX 919 465 9826 SPECTRASITP X1008 t; (iv) if T enarit is unable to occupy and utilize the Property due to an action of the FCC or other agency having jurisdiction, including without limitation, a take back, of channels or change in frequencies. Notice of Tenant's exercise of its right to terminate shall be. given to lessor in writing by certified mail, return - receipt requested, and shall he effective upon receipt of such notice by lessor as evidenced by the return receipt. All rentals paid to said termination date shall be retainer! by Lessor. Upon such termination, and the subsequent satisfactory removal of structure and restoration of the premises by Tenant, this Base Agreement shall become null and void and all the parties shall have no fuaalter obligations, including the payment of money except for accrued indemnity obligations, to each other, however, all rental obligations of tenant shall continue until satisfactory removal of structure and restoration of premises. C. Termination by Lessor. Lessor may cancel this Lease Agreement under the following circumstances by giving written notice to Tenant: (i) 120 days before the end of the second Eve (5) year term; and 120 days before the end of each five (5) year extension period; (ii) at an event of default under the terms and conditions and through the procedures as indicated in Section 11 of this Lease Agreement. 11. DEFAULT AND EFFECT OF DEFAULT A. Default. Each of the following events shall constitute a default of this lease Agreement by Tenant: (i) if Tenant fails to pay rent or other sums herein specified with ten (10) days of the date such rent or Burns are clue and such failure continues for a period of thirty (30) days after written notice is given to Tenant; (ii) if Tenant fails to perform or comply with any of the conditions or covenants of this Lease Agreement and such failure continues for a period of thirty (30) days after written notice thereof, unless the performance cannot be reasonably completed within the thirty-day period and Tenant has commenced good faith efforts to perform and is diligently proceeding to complete performance and has provided Lessor with a date certain by which performance will be completed and /or compliance achieved. 7 05/01/2003 14:23 FAX 919 465 6826 SPECTRASITE a009 B. Effect of Default. Lessor shalt have the right, if any default continues for more than thirty (30) days after written notice, to provide notice to Tenant of its immediate termination of the Lease Agreement. Lessor may remove at Tenant's expense or require Tenant to remove Tenant's equipment, property and structures from the Property (excluding below ground elements and foundations), without prejudice to any other remedy which Lessor might be entitled to pursue. Payment of rent shall continue until such time as the communications structure and any other appurtenances are removed and the premises are restored to their prior condition (excluding below ground elements and foundational,. 12. LIABILITY Y AI's!:) INDEMNITY Lessor shall not be liable to Tenant, sublessees or to any other person or entity whatsoever for any damages or injury from any cause whatsoever, during the terra of and with respect to the scope of this Lease Agreement, except for damages or injury solely attributable to and proximately caused by the gross negligence or willful misconduct of Lessor. During the term of this .Lase Agreement, Tenant agrees to indemnify, defend and save Lessor harmless from and against any and all claims, loss or damage of whatever nature, arising from Tenant's and sublessee's use of the Property, the adjacent right-of-way, and any other adjacent and /or adjoining property to which Tenant has been granted access, and the oonstructian, use, maintenance, or operation of the tower, including ingress and egress, except for damages nr injury solely attributable or proximately caused by the gross negligence or willful misconduct of Lessor. This indemnification shall include all costs, expenses and liabilities incurred in connection with any claim or proceeding brought, including the reasonable expense of investigating and defending any such claim.. 13. INSURANCE A. Require d.lnsurance. Tenant at its sole cost and expense, shall procure and maintain oar the Property, and on its facilities and equipment installed thereon, bodily injury and property damage insurance with a combined single limit of at last one million dollar (S1,O00,000) per occurrence. Such insurance shall insure, on an occurrence basis, against all liability of Tenant, its employees and agents arising out of or in connection with T'enant's use of the Property (and any easements, rights - of way, or other of Lessor's real property interests), all as provided for herein. Lessor shall be named as an additional insured on T'enant's policy. Tenant shall provide to Lessor a certificate of insurance evidencing the coverage required by this paragraph within thirty (30) days following the date hereof. In no event shall the limits of the policy or policies be considered as limiting the liability of tenants under this lease agreement. 8 U5 /e1 /200a 14:24 FAX 919 465 6826 SPECTRASITE Ij01O • 14. SECURITY FUND At or prior to the execution of this Lease Agreement, and as a condition precedent thereto, Tenants will deposit with Lessor the amount of FIVE THOUSAND DOLLARS AND O&l1OOTHS ($5,000.00), which shall constitute Tenants' security fund. • The seeurity fund shall serve as security for the performance by :tenant of all terms, conditions and obligations of this Lease Agreement and to cure any performance failure which can be cured through payment cif the .eecud y fund, inchudieg payment of rent and additional rent, reimbursement for the expense of removal of the telecommunications towers and appurtences thereto, and any expenditure, damage or loss incurred by Lessor ocasioned by Tenants' failure to coaauply with all rules, regulations, osiers, permits and other directives of Lessor included pursuant to this Lease Agreement. • 15. PROPERTY REMOVAL, PROCEDURES IN THE EVENT OF ABANDONMENT • A. Property Removal, At termination by Lessor, termination by Tenant, expiration of the terse of the Lease Agreement and any extension thereof, at abandonment or in any cireumstance in which the Lease Agreement shall cease, the tower and communications facility, to include Oil site property and equipment of Tenant's Sublessees, being the sole possession of Tenant • shall, within sixty (60) days of written notification by Lessor, be removed by Tenant at Tenant's sole expense. Tenant shall also remove its personal property and fixtures and that of its sublessees and shall restore the Property to as near as practical to its original above grade condition. Lessor acknowledges and agrees that all equipment, towers and trade fixtures placed upon the Property by the Tenant or its sublessees, shall remain the property of Tenant or its sublessees and shall not be deemed fixtures repon the property, Lessor hereby waiving all lien rights it may have in and to such property. When this Lease Agreement shall cease through termination, cancellation, abandonment or expiration or for any other reason, at Lessor's choice and upon Lessor's advance written notice to Tenant, Tenant will leave the foundation, landsr aping, security fence, if any, to become property of Lessor. Otherwise, all fixtures shall be removed and the Property shall be restored as near as practical to its original above grade condition within sixty (60) days of the effective date of termination. B. Abaaatclo rirtieret. Aiy monopole that is not operated in fulfillreet of the purposes to which it was intended and as described in Section 15, for a continuous period of twelve (12) months, shall be coneitiered abandoned. Within the context of this lease Agreement, abandoned 3 L,. U5/91/2UU3 14:25 FAX 919 465 6826 SPECTRASITE X4.]011 shall mean that, at a minimum, none of the three antenna. arrays which the monopole was built to accommodate is fully functional and operational and fulfilling in an ongoing manner the purpose for which it was originally erected. In the event of such abandonment, the • Lease Agreement shall be canceled as provided in Section 15. Tenant shall be under a duty • to remove such abandoned monopole and any other structures or equipment considered to be a part rrf the communications facility in a manner as required by Section 15.A. Property Removal,. If such monopole and all related structures and equipment are not removed within sixty (60) days after receipt of eotice from the Lessor of such abandonment, Lessor may remove such Monopole and associated equipment at Tenant's expense. Lessor may • pursue all legal remedies available to it to insure that an abandoned monopole and associated communications facilities are removed and reimbersement of the expense of removal is obtained, Lessor inay seek to have the Monopole and associated communications facility .removed following the abandonment described herein regardless of Tenant's intent to operate the Monopole and regardless of any permits, federal, state or otherwise, which may have been granted. 16. TAXES Tenant is solely responsible for any and all taxes assessed by reason of the erection by Tenant of its communications facility and equipment described herein, which taxes shall be paid promptly when due by Tenant. 17, SALE SUBJECT TO LEASE AGREEMENT Should Lessor at any tune during the tern of this Lease Agreement, decide to sell all or any part of the real Property which includes the parcel of Property leased by Tenant herein and /or the right -of -way thereto to a purchaser other than Tenant, such sale shall be under and subject to this Lease. Agreement and Tenant's rights hereunder. IS, PEACEFUL POSSESSION Lessor covenants that Tenant, upon the payment of rent and the performance or the covenants shall peaceably and gsxietly have, hold and enjoy the Property for the terra • of the Lease Agreement and any renewal tenns. 19. ALL AGREEMENTS Tt is .agreed and understood that this Lease .Agreement osrntains all agreements, promises and understandings between Lessor and Tenant and that no verbal or oral agreements, promises or understandings shall be binding upon either Lessor 10 05/01/2003 14 :25 FAX 919 465 6826 SPECTRASITE a012 Tenant in any dispute, controversy or proceeding at law, and any addition, variation or modification to this Lease Agreement shall be void and ineffective runless made in writing and signed by the parties. 20. GOVP:RN!NC LAW This Lease Agreement shall be governed, interpreted and construed according to the laws of the State of Georgia. 21. ASSICNMENT AND SUBLET INC A. Assignment. • Tenant may not assign, or otherwise transfer all or any part of its interest in this Lease Agreement or in the Property without the prior written consent of • Lessor. Such consent shall be requested 1211 clays in advance of the anticipated transfer and shall include such information as the City in its sole judgment may deem essential. The prior consent of the City shall not be required with respect to solely intraeorpornte transfers • or reorganizations between or among majority -owned or controlled subsidiaries or affiliates of Tenant to the extent any such transaction does not involve a change irt the actual working control of the company, but the City will be given ninety (90) days written notice of any such transaction and Tenant will provide such information related to the transaction as may be reasonably requested by the City. Not tlhstnandistg than foregoing, or anything to the contrary herein, Tenant may assign, mortgage, pledge, hypothecate or otherwise transfer without consent its interest in this Lease Agreement to any financing entity, or agent on behalf of any financing entity to whom Tenant has obligations for borrowed money or in respect of guarantees thereof, as obligations evidenced by bonds, debentures, notes or similar instruments, Or has obligation under or with respect to letters of credit, banker's acceptances and similar facilities or in respect of guarantees thereof. R Subletting. Tenant may negotiate and execute agreements to sublease space on the tower- on terms consistent with the provisions of this Lease Agreement and shall ensure, that any sublessee's use of the tower does not interfere with lessor's use of the tower. Any action or omission of a sublessee which violates any provision or condition of this Lease Agreement is deemed an action or omission of Tenant. Lessor shall be informed by Tenant in writing no less than thirty (30) days in advance of the anticipated date of sublessee's taking possession of subleased tower space, of Tenant's request to sublease tower space to any unrelated entity. Lessor shall have the • further right to approve sublessees. Tenant shall provide Lessor a copy of the documents l:L 05/01/2003 14:26 FAX 019 465 6826 SFECTRASITE 2013 which provide the terms and conditions under which the sublessee will be required to operate, including the rental amount or value of a,ny in »kind contribution which Tenant will receive in return for the use of the telecommunications facility as well as the term of the sublease. Notwithstanding the, foregoing, Tenant shall not be allowed and shall not sublet any portion of tlse ground space or land described on Exhibits "A ", `B' and "C" hereof. Nor shall it be permissible for Tenant to stack communications equipment or to permit any other provider or unrelated entity to stack communications equipment on the premises described in Exhibits "A ", "B" and "C" excess of the height of the security fence described in Section 9. 22, NOTICES AND PAYMENTS A. Ultigfa All notices and demands, incidental to this Lease Agreement or the occupation of the Property, must be in writing and shall be deemed validly given if sent by one party to the other party, certified nail, return-receipt requested, and shall be effective 'upon receive of the notice as evidenced by the return receipt, and shall be addressed as follows (or any other address that the party to be notified may have designated to the sender by Dike notice): Tenant: Nextel South Corp. 6575 The Corners Parkway Norcross, GA 30092 Attention; Property Manager With a copy to Nextel Communications, Inc. 1505 Farm Credit Drive McLean, VA 22102 Attention: Legal De sartm.ent 'Lessor: City of Tybee - island, Georgia 403 Butler Avenue P.G. Box 2749 Tybee Island, GA 31328.2749 12 05/01/2003 14:27 FAX 919 465 6826 SPECTRASITE 0 014 B. Payments. Rent shall be paid by cheek made payable to the City of Tybee island and smiled or delivered to: City of Tybee Island, Georgia 403 Butler Avenue • P,0„ Box 2749 Tybce island GA 31328-2749 23, HEADINGS The section headings contained in this Lease Agreement are for convenience • only and shall not be considered in the construction Of interpretation of any provision hereof. 24. LEASE AGREEMENT BINDING ON IfEIRS, SUCCESSORS, ETC. All of the term% covenants rights, liabilities and conditions of this Lease Agreement shall extend to and bind the respective heirs, personal representatives, successors and assigns of the patties hereto. IN WITNE,SS THEREOF, the parties hereto have caused this lease to be duly executed as of the day and year first above written. CITY OF TYBEE ISLAND, GEORGIA • 41, "1. NEXtEL SOUTH CORP. dr11111111111111**- 4114W 401 Its: 1?-.86-czN,tirt-- 3,3 SpectraSite® /fin =_RICAN TOWER VIA CERTIFIED MAIL, RETURN RECEIPT ARTICLE NUMBER: 7160 3901 9849 2433 8924 City Of Tybee Island, Ga P 0 Box 2749 Tybee Island, GA 31328 -2749 Re: Lease Agreement with Spectrasite and /or its affiliates, sublessors, subsidiaries and/or predecessors in interest ( "Spectrasite) Dear Valued Landlord: We are pleased to inform you that on August 8, 2005, Spectrasite merged with American Tower. Our combined company is poised to be the industry leader for wireless infrastructure solutions with the largest site portfolio in the industry today, along with the best people, processes and systems behind everything we do. Please be advised that effective September 15, 2005, our notice address will change to: AMERICAN TOWER ATTN: LAND MANAGEMENT 10 PRESIDENTIAL WAY WOBURN, MA 01801 All correspondence should be mailed to this address. After September 15, 2005, we cannot ensure that a communication sent to any other address will be received by the proper department. Therefore, we unfortunately cannot consider any communication sent to any other address as being legally effective under our lease agreement with you. Please be assured that the merger does not affect the terms of your lease agreement or our contractual obligations to you. Should you ever have questions about your lease agreement, rent payment, etc., please contact our Landlord Relations Depai Lauent at: E -mail: Landlord .Relations@americantower.com Toll -free: 1-866-586-9377 Fax: 1 -781- 926 -4555 Landlord Relations Specialists are available Monday -Friday during normal business hours to assist you on all inquiries. We are continuously striving to provide our landlords with `best in class' service and hope you share in the excitement of becoming part of the American Tower family. Sincerely, American Tower Land Management 303430