Title/Name/Summary
AT&T Small Cell License Agreement at the Parking Garage
History
AT&T has approached the Village on the install of a small cell application near the University of Chicago Medical Center. They are requesting a lease agreement for a small cell application on top of the parking garage located at 9650 W 143rd Street. The Village attorney has been working with AT&T on a Master License Agreement for the collocation of small wireless facilities located within the municipal rights of way. This license agreement mirrors the master license agreement with modifications to accomodate the parking garage location. This lease incorporates the Board’s adopted Small Wireless Facility Code.
Annual Increase: AT&T has agreed to a $270 per year rent.
Term: An initial term of 5 years plus 2 additional 5-year renewal options.
Financial Impact
The Village would receive a total of approximately $1,350 over the initial five-year period.
Recommended Action/Motion
I move to approve a license agreement with AT&T for the use of the parking garage located at 9650 W. 143rd Street in the amount of $270 per year and to authorize the Village Manager to execute the agreement.