Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AMENDMENT TO A WATER TOWER LEASE AGREEMENT WITH CELLCO PARTNERSHIP D/B/A VERIZON WIRELESS.
Brief Description: The City of Hudson currently has an active water tower lease agreement with Verizon Wireless for the attachment of communication antennas and associated equipment on the Milford Water Tower, located at 85 Milford Road, Hudson, Ohio. Staff is asking to amend and renew the current lease agreement for a five (5) year term with up to three (3) separate consecutive additional periods of five (5) years.
Body
Legislative History
Resolution No. 99-36, authorizing the City Manager to enter into a Water Tower Lease Agreement with New Par, DBA Airtouch Cellular, passed March 17, 1999.
Purpose & Explanation
The City of Hudson currently maintains an agreement with Verizon Wireless (formerly Airtouch Cellular) for the attachment of cellular communications equipment on the exterior Milford water tower tank located at 85 Milford Road, Hudson.
The current lease agreement was due for amendments and renewal in November of 2019. The amended lease has been agreed upon by both parties. The amended annual lease amount will be $28,000.00 (Former agreement - $21,900.60 annually). The lease agreement will be for a five (5) year term. At the end of each year the lease amount will increase by 2% over the amount of the preceding year.
Legal Authority for Proposed Legislation
Pursuant to Charter Section 6.04, Contracts & Purchasing:
Competitively bid and advertised for two consecutive weeks; bid tab attached: [Yes/No/NA])
Joint or Cooperative Purchase Program
Professional Services
X Other- City lease agreement
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
X Appropriation Not Required
Does this legislation require use of an emergency clause?
Yes
X No
Recommendation
Suggested Action
Staff recommends City Council authorize the ...
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