Consent - Dan Schluender, City Engineer
Title
Title
Approve First Amendment to Lease Agreement with AT&T on Water Tower at 1100 Paul Parkway NE
end
Executive Summary
Amend lease agreement with AT&T for wireless communication equipment on the water tower located at 1100 Paul Parkway NE.
Background
The attached agreement is an amended agreement for AT&T to lease space for wireless communication equipment on the Water Tower located at 1100 Paul Parkway, NE. As the lease was nearing expiration, AT&T initiated the request and proposed revised terms that are mutually beneficial to both parties. Except as expressly stated in the attached First Amendment, the original standard lease agreement remains in place. The lease being amended is scheduled to expire at the end of 2022. The amended lease follows standard water tower lease agreements and is essentially a 25-year lease (original 5-year term with four 5-year automatic renewals). The new lease would expire in 2047. The annual initial lease amount is $20,500 per year with a 3% annual escalator beginning in 2027 through the term of the agreement. Council’s approval of the agreement is recommended.
Strategic Plan Relationship
Not Applicable
Board/Commission Review
Not required.
Financial Impact
Maintains existing revenue stream accounted for in the General Fund. As such, this revenue mitigates reliance on the tax levy to support general city activities.
Public Outreach/Input
None required.
Staff Recommendation
Adopt the following resolution, approving the amendment to the Lease Agreement with AT&T
Attachment List
Amended Lease Agreement
Body
WHEREAS, AT&T desires to maintain a communications facility on a City of Blaine water tower as described in the agreement; and
WHEREAS, AT&T will enter into an Agreement with the City of Blaine to utilize a Blaine water tower, and
WHEREAS, the Agreement has been reviewed by staff and the City Attorney and is recommended for approval by the Blaine City Council.
NOW, THEREFORE, BE IT RESOLVED, by the Blaine City Council that the Mayor and City Manager are hereby authorized and directed to enter into a lease agreement with AT&T pertaining to the use of the Blaine water tower site at 1100 Paul Parkway NE.
Passed by the City Council of the City of Blaine this 21st day of November 2022.