HomeMy Public PortalAbout2014_07_08_R077 Lease Agreement for Telecommunications Antenna on Hogback Tank The Town of
Leesburg,
'Virginia PRESENTED: July 8, 2014
RESOLUTION NO. 2014-077 ADOPTED: July 8,2014
A RESOLUTION: AUTHORIZING A LEASE AGREEMENT WITH NEW CINGUL R
WIRELESS PCS, LLC FOR TELECOMMUNICATION ANTENNA •
HOGBACK MOUNTAIN TANK
WHEREAS, The Utility Department has been approached for making available leasing •f
space for telecommunication cell phone antenna's on Hogback Mountain Tank; and
WHEREAS, a solicitation was issued and duly advertised per section 15.2-2100-2105 oft e
Code of Virginia; and
WHEREAS, One bid was received; and
WHEREAS, the initial monthly minimum price of$3,500.00 as established by Town alo ll g
with other requirements have been met.
WHEREAS, the term of the lease is for 5 years with the possibility of four 5
extensions unless terminated by either Lessee or Lessor in accordance with the lease provisions.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that t e
Town Manager is hereby authorized and directed to execute a lease agreement on a form approv,d
by the Town Attorney with New Cingular Wireless PCS, LLC in the amount of$42,000.00 .-r
year ($3,500.00 per month) with annual increases in the lease amount at 3% escalation on ea h
anniversary of the commencement date.
PASSED this 8th day of July, 2014.
Kristen Um' .ttd, Mayor
Town of Leesburg
A' T'
A . A
Clerk o Co 7110
P:\Resolutions\2014\0708 Lease Agreement for Telecommunications Antenna on Hogback Tank.doc
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