HomeMy WebLinkAboutResolution - 2011-R0109 - Lease Extension Agreement - Western Wireless LLC - 03/02/2011Resolution No. 2011–RO109
March 2, 2011
Item No. 5.4
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock, a Lease Extension
Agreement, by and between the City of Lubbock and Western Wireless, LLC, on behalf
of WWC Texas RSA Limited Partnership, d/b/a Verizon Wireless, and all related
documents. Said Agreement is attached hereto and incorporated in this resolution as if
fully set forth herein and shall be included in the minutes of the City Council.
Passed by the City Council this March 2 , 2011.
TOM MARTIN, MAYOR
".1 mock.".1
f:) .0' _^_,e — >1C
Rebecc Garza, City Secreta
APPROVED AS TO CONTENT:
aa�-4-LL-- &j
Marsha eed, P.E., Chief Operations Officer
F.E., City Engineer
AS TO FORM:
gs:/ccdocs/WWC Texas RSA -Lease Extension.res
02. i 7.11
Site: TXLU Frankford
AGREEMENT TO EXTEND LEASE TERM
Resolution No. 2011-80109
This Agreement to Extend Lease Term ("Agreement") is entered into this 2nd
day of march , 2011, by and between the City of Lubbock, a Home Rule
Municipality of Lubbock County, Texas, (the City) and WWC Texas RSA Limited
Partnership, d/b/a Verizon Wireless (Lessee).
WITNESSETH
WHEREAS, City and Lessee entered into a Lease Agreement dated March 23,
2406. Pursuant to Article Two of the Lease Agreement, such Lease Agreement has a
term of five (5) years, which may be extended for up to three (3) additional five (5) year
terms.
NOW THEREFORE, the City and Lessee hereby agree that the Lease
Agreement is hereby extended for an additional five (5) year term. Such additional five
(5) year term shall commence with the expiration of the current five (5) year term.
Consistent with the Lease Agreement, the annual rent shall increase on the first day of
the renewal term by fifteen percent (15%) of the annualized rent in effect immediately
preceding the increase.
IN WITNESS WHEREOF, hereunto the City and Lessee have caused this
Agreement to be duly executed on the day and year first written above.
CITY:
City of Lubbock
By:—/7-Z,1
Print Name: TOM MARTIN
Print Title: Mayor
Date: March 15, 2011
APPROVED
By:
Print Nardi
Print Title:
Date:
LESSEE:
WWC Texas RSA Lim
By: Western
ATTEST:
By:101
Print Name: Rebecca Garza
Title: City Secretary
Date: March 15, 2011
APPF
By:
Print
Print
Date:
Partnership, d/b/a Verizon Wireless
, Its General Partner
By: w
HahIs If. L itenegger
Are tn�
esicjp�rtt Network
Date: �dCUJ ll