Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Site Lease Agreement with Powertel/Memphis Inc., for lease of 200 East Main St. Roof. [Dept. of General Services, Reed]
Summary
Authorization to execute a Site Lease Agreement with Powertel/Memphis Inc. (T-Mobile) for cell tower site 9LV0253A located on the rooftop of the Government Center building. (L1077-13) (Reed)
This is a request to execute a Site Lease Agreement with T-Mobile for cell tower site 9LV0253A located on the rooftop of the Government Center building. The rental rate is $24,000 per year with annual increases of 4%. The impact for FY 2014 is $2,560.80 (revenue).
Budgetary Implications: Yes (Revenue)
Advance Document Review: Law
Fully Budgeted: Yes
Account Number: 4022-011001-0001-42181
This Fiscal Year Impact: $16,000.00
Annual Impact: $24,000.00
Project:
Activity:
Budget Reference:
Current Balance: Revenue increase
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute the Site Lease Agreement, which is attached hereto and incorporated herein by reference, with Powertel/Memphis Inc., for lease of 200 East Main Street roof.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: