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Notice of Intent to Renew a Wireless Lease Agreement with T-Mobile
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Staff:
Department:
Chris Butts, Chief Information Officer
Technology Solutions
Overview: The attached resolution would give public notice about the Council's intent to execute an encroachment and lease agreement for the maintenance and operation of T-Mobile's existing wireless communications system. The system is located in Northern Community Park on a Duke Energy Corporation transmission tower. The term of the agreement is five years with the option to extend for another five years. In return, T-Mobile pays the Town $37,391.11 per year with an annual increase of 3%. The lease for the wireless communications equipment was originally approved by Council in 1998 and was amended to last for 15 years.
Recommendation(s):
That the Council adopt the attached resolution that gives public notice about the Council's intent to execute a new encroachment and lease agreement for the maintenance and operation of T-Mobile's existing wireless communications system on an existing Duke Energy Corporation transmission tower for a period of up to ten years.
Key Issues:
* North Carolina Statute 160A-272 authorizes the Town to lease or rent Town property pursuant to adoption of a Council resolution authorizing the execution of the lease or rental agreement upon 10 days' public notice.
Fiscal Impact/Resources:
The Town would receive $37,391.11 per year with an annual increase of 3% over the previous year paid in one lump sum within 30 days of the lease and encroachment approval.
Attachments:
* Resolution
* Town Contract
* Encroachment and Lease Agreement
A RESOLUTION GIVING PUBLIC NOTICE OF TOWN COUNCIL INTENT TO EXECUTE AN ENCROACHMENT AND LEASE AGREEMENT FOR A PORTION OF THE NORTHERN COMMUNITY PARK FOR THE PURPOSE OF ALLOWING T-MOBILE SOUTH, LLC TO MAINTAIN THEIR CELLULAR EQUIPMENT ON A DUKE ENERGY TOWER (2024-03-06/R-2)
WHEREAS, the Town Council previously authorized Sprint...
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