Title/Name/Summary
T-Mobile Lease Agreement Amendment #1 for Water Tower #1
History
The Village has lease agreements with franchise utility companies who lease space on
the Village's water towers for infrastructure equipment. In early 2024, the Village
permitted T-Mobile Central LLC (T-Mobile) to remove equipment during the painting of the Village's Water Tower #1, located at 17801 S. Wolf Road.
T-Mobile is requesting an amendment to the tower lease, which 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 that will be installed on the tower when the painting of the tower is complete.
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 #1;
AND
Authorize the Village Manager to execute all contracts, subject to Village attorney review.