Title/Name/Summary
T-Mobile Lease Agreement Amendment #1 for Water Tower #4
History
The Village has lease agreements with franchise utility companies who lease space on the Village's water towers for infrastructure equipment. In late 2022, the Village permitted T-Mobile Central LLC (T-Mobile) to remove and replace equipment on the Village's Water Tower #4 located at 14605 88th Avenue. The subject amendment to the tower lease removes reference to "Exhibit B" in the original lease agreement and replaces it with "Exhibit B-1", indicating the most recent permit plans with updated equipment on the water tower.
Financial Impact
There is no financial impact to the Village as part of this amendment. Terms and conditions of the original agreement between the Village and T-Mobile are unchanged with this amendment.
Recommended Action/Motion
I move to approve the "First Amendment to Tower Lease" between the Village and T-Mobile Central LLC for Water Tower #4;
AND
Authorize the Village Manager to execute all contracts, subject to Village Attorney review.