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HomeMy WebLinkAbout2025-04-21 Resolution 2025-178_Lease Agreement Amended and Substituted, 1255 3rd St, Verizon WirelessTHE CITY OF WAUKEE, IOWA RESOLUTION 2025-178 APPROVING AMENDED AND SUBSTITUED LEASE AGREEMENT FOR 1255 3RD STREET SITE WITH CELLCO PARTNERSHIP, DB/A VERIZON WIRELESS IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, the City approved the original Lease Agreement on April 18, 2016 (RES #2016- 134) and as amended by Amendment No. 1 to Lease Agreement dated August 10, 2022, allowing Verizon to install 9 directional antennae's and connecting cables on the existing water tower; AND, WHEREAS, the Tenant and City desire an Amended and Substituted Lease Agreement to document the relocation and modifications to the Verizon owned facilities equipment to be relocated on the new water tower; AND, WHEREAS, the 2025 rent shall be $42,434.37 per year due August 1, 2025, and an annual escalator of 3% shall be applied to the annual rent. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee that the Amended and Substituted Lease Agreement, 1255 3rd Street Site between Cellco Partnership, d/b/a Verizon Wireless. and the City of Waukee, Iowa is hereby approved. Passed by the City Council of the City of Waukee, Iowa, and approved the 21 st day of April 2025. st: Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE R. Charles Bottenberg X Chris Crone X Rob Grove X Anna Bergman Pierce X Ben Sinclair X Courtney Clarke, Mayor NAY ABSENT ABSTAIN