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HomeMy Public PortalAboutR 00:241No. ' 00- 2/41 Date of Adoption~ RESOLUTION APPROVING AN ADDENDUM TO LEASE AGREEMENT WITH SPRINT SPECTRUM WHEREAS, the Borough of Carteret (the "Borough") and Sprint Spectrum, L.P. ("Sprint") are parties to a lease agreement for land to be used in connection with the Communication Tower located on the Borough's property; and WHEREAS, said lease agreement provides that Sprint may co-locate additional parties on the tower provided they are approved by the Borough; and WHEREAS, Sprint has requested said approvals; and WHEREAS, the parties wish to amend the lease agreement. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret that the attached addendum is hereby approved. BE IT FURTHER RESOLVED that the Mayor and Borough Clerk be and are hereby authorized to execute said addendum on behalf of the Borough. Adopted this 27th day of July, 2000 and certified as a true copy of the original on July 28th, 2000. KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk COUNCILMAN GRII.I,EY FAZEKAS O'BRTEN X - Indicate Vote ~l~t a meeting RECORD OF COUNCIL VOTE COUNCILMAN QUINONES 8ANTORO AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto X of the Municipal Council ~_JJd_I2[ 27 , 2000 This Addendum Number 2 is made this __ day of July, 2000 by and between the Borough of Carteret, Middlesex County, New Jersey, a municipal Corporation, 61 Cooke Avenue, Carteret, New Jersey, (the "Borough"), and Sprint Spectrum, L. P. a Delaware Limited Partnership ("SSLP"), collectively (the Parties"). WHEREAS, the Borough and SSLP are parties to a lease agreement dated August 27, 1997 (the "Lease"), by which the Borough leases certain real property (the "Demised Premises"),to SSLP for the purpose of establishing a communication tower,(the "Tower"); and WHEREAS, pursuant to the Lease SSLP has the right to co-locate other companies on the tower with the consent of the Borough; and WHEREAS, SSLP has requested to co-locate AT&T on the Tower; and WHEREAS, the Borough and SSLP wish to amend the Lease to address certain outstanding issues; and WHEREAS, upon compliance with this Addendum Number 2 the Borough shall grant approval of the proposed AT&T location. NOW, THEREFORE, For the consideration set forth herein the Parties agree as follows: 1-) On or before close of business August 2, 2000 SSLP agrees to pay all outstanding rent due to the Borough. 2-) SSLP agrees to promptly advise the Borough of any increases in co- location fees. SSLP grants to the Borough, at the Borough's cost and expense the right to audit SSLP's books and records with regard to co- location agreements to which the Borough is entitled to a percentage of the co-location fee. 3-) The Parties agree to renegotiate the rental amount for the Demised Premises in the event of a request by SSLP to expand or decrease the amount of the Demised Premises. 4-) SSLP agrees not to co-locate any company, person or organization who intends to transmit from the Tower communications which, ( i ) would adversely affect the. health, safety and welfare, or, (ii) would offend the moral standards of sensibilities of the Community. 5-) The Borough approves AT&T to co-locate on the Tower. Said consent being expressly contingent upon the signature of the addendum by Sprint and satisfaction of paragraph number one of this Addendum before close of Borough's business day, August 2, 2000. IN WITNESS WHEREOF, the parties hereto have hereto agreed. Sprint Spectrum, L.P. by: name: title: Borough of Carteret by: James A. Failace Mayor Witness: Witness: name Kathleen M. Barney Borough Clerk