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1f. Approval of Lease Extension, Verizon Cell Tower, Water Tower on W. 76th St. CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952,227,1100 Fax: 952,227,1110 Building Inspections Phone: 952,227.1180 Fax: 952,227,1190 Engineering Phone: 952,227.1160 Fax: 952,227,1170 Finance Phone: 952,227,1140 Fax: 952,227,1110 Park & Recreation Phone: 952,227.1120 Fax: 952,227,1110 Recreation Center 2310 Coulter Boulevard Phone: 952,227,1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952,227.1130 Fax: 952,227,1110 Public Works 1591 Park Road Phone: 952,227,1300 Fax: 952,227,1310 Senior Center Phone: 952,227,1125 Fax: 952,227.1110 Web Site www.ci.chanhassen.mn.us -14- TO: Todd Gerhardt, City Manager Laurie Hokkanen, Assistant City Manager~ FROM: DATE: August 20, 2008 ~ RE: Verizon Cell Tower Lease Agreement, W. 76th St. Water Tower PROPOSED MOTION The City Council authorizes the Mayor to enter into a lease amendment with Verizon Wireless to extend tower space rental at the W. 76th St. Water Tower with options from 2012 to 2027. BACKGROUND In 1997, the City entered into a water tower lease agreement with US West (now Verizon Wireless) for the placement of up to twelve cellular phone antennas on the W. 76th Street water tower. This lease had an initial term of five years, with the option of two additional five year renewal terms. The lease was amended in 2005 to provide for 3 additional antennas. The final renewal term ofthe current lease will end on April 2012 at a rental rate of $1,587 month. Verizon wishes to amend the current lease to provide for tower rental through 2027. The rent structure will be as follows: May 1, 2012 - April 30, 2017: $1,825 per month May 1, 2017 - April 30, 2022: $2,099 per month May 1, 2022 - April 30, 2027: $2,414 per month The City and Verizon both retain the right to cancel the Agreement by giving the other party six months notice. RECOMMENDATION Staff recommends approval of the lease amendment. A simple majority is required for approval. G:\Admin\lH\Cell Phone TowersWerizonWerizon amendment #2 staff report.doc Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow SITE NAME: MINe DOVETAIL AMENDMENT NO.2 TO WATER TOWER ANTENNAE AGREEMENT This AMENDMENT NO.2 TO WATER TOWER ANTENNAE AGREEMENT ("Amendment") is made this day of , 200_ by and between the City of Chanhassen ("City") and Verizon Wireless (V A W) LLC d/b/a Verizon Wireless ("Communications Company"), with its principal offices located at One Verizon Way, Mail Stop 4A WlOO, Basking Ridge, New Jersey, 07920, with reference to the facts set forth in the Recitals below: RECITALS A. City and Communications Company, or their predecessors in interest, are parties to a Water Tower Antennae Agreement dated June 25, 1997 as previously amended by a First Amendment dated February 11, 2005 (collectively the "Agreement"), whereby City has leased a portion of City's Property (as defined in the Agreement) to Communications Company as situated substantially as shown on Exhibits B and B-1 of the Agreement. B. City and Communications Company desire to amend the Agreement to (i) provide for extension of the Agreement with modified terms, (ii) modify the assignment provision, and (iii) modify the insurance provision. AGREEMENT NOW, THEREFORE, in consideration of the facts contained in the Recitals above, the mutual covenants and conditions below, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. ADDITIONAL EXTENSIONS. Commencing on May 1,2012, the Agreement shall be extended for one (1) additional five (5) year extension term at a monthly rental of One Thousand Eight Hundred Twenty-five and 00/100 Dollars ($1,825.00) to be paid on or before the first day of the month. Thereafter, the Agreement shall automatically be extended for two (2) additional five (5) year terms unless Communications Company or the City terminates it at the end of the then current term by giving the other party written notice of the intent to terminate at least six (6) months prior to the end of the then current term. The initial term and all extensions shall be collectively referred to herein as the "Term". The monthly rental for the five:-year extension from May 1,2017 through April 30, 2022 shall be $2,099.00 and the monthly rental for the five-year extension from May 1,2022 through April 30, 2027 shall be $2,414.00. 2. ASSIGNMENT. Paragraph 21(f) of the Agreement is hereby deleted in its entirety and replaced with the following: This Agreement may be sold, assigned or transferred by the Communications Company without any approval or consent of the City to the MINe Dovetail Amendment No.2 to Water Tower Antennae Agreement 1 I I 28263v I Communication Company's principal, affiliates, subsidiaries of its principal or to any entity which acquires all or substantially all of Communication Company's assets in the market defined by the Federal Communications Commission in which the Property is located by reason of a merger, acquisition or other business reorganization. As to other parties, this Agreement may not be sold, assigned or transferred without the written consent of the City, which such consent will not be unreasonably withheld, delayed or conditioned. No change of stock ownership, partnership interest or control of Communication Company or transfer upon partnership or corporate dissolution of Communication Company shall constitute an assignment hereunder. 3. INSURANCE. Paragraph 17 of the Agreement is hereby deleted in its entirety and replaced with the following: a. The Parties hereby waive and release any and all rights of action for negligence against the other which may hereafter arise on account of damage to the Premises or to the Property, resulting from any fire, or other casualty of the kind covered by standard fire insurance policies with extended coverage, regardless of whether or not, or in what amounts, such insurance is now or hereafter carried by the Parties, or either of them. These waivers and releases shall apply between the Parties and they shall also apply to any claims under or through either Party as a result of any asserted right of subrogation. All such policies of insurance obtained by either Party concerning the Premises or the Property shall waive the insurer's right of subrogation against the other Party. b. City and Communications Company each agree that at its own cost and expense, each will maintain commercial general liability insurance with limits not less than $1,000,000 for injury to or death of one or more persons in anyone occurrence and $500,000 for damage or destruction to property in anyone occurrence. City and Communications Company each agree that it will include the other Party as an additional insured. 4. RATIFICATION OF THE AGREEMENT. Except as specifically modified by this Amendment, the parties agree that all of the terms and conditions of the Agreement are in full force and effect and remain unmodified, and the parties hereby ratify and reaffirm the terms and conditions of the Agreement and agree to perform and comply with the same. In the event of a conflict between any term or provision of the Agreement and this Amendment, the terms and provisions of this Amendment shall control. In addition, except as otherwise stated in this Amendment, all initially capitalized terms will have the same respective defined meaning stated in the Agreement. All captions are for reference purposes only and shall not be used in the construction or interpretation of this Amendment. Signatures on following page MINe Dovetail Amendment NO.2 to Water Tower Antennae Agreement 2 1128263vl The remainder of this page intentionally left blank IN WITNESS WHEREOF, City and Communications Company have caused this Amendment to be executed by each party's duly authorized representative effective as of the date written below. City: Communications Company: City of Chanhassen, a municipal corporation Verizon Wireless (VA W) LLC d/b/a Verizon Wireless By: Name: Its: By: Beth Ann Drohan Its: Midwest Area Vice President-Network By: Name: Its: Date: Date: Acknowledgments on following page The remainder of this page intentionally left blank MINe Dovetail Amendment No. 2to Water Tower Antennae Agreement 3 I I 28263v I City Acknowledgment STATE OF MINNESOTA ) ) SS. COUNTY OF CARVER ) This instrument was acknowledged before me on , 200_, by and , the Mayor and the City Manager of the City of Chanhassen, a Minnesota municipal corporation, on behalf of the City. Signature of Person Taking Acknowledgment Communications Company Acknowledgment STATE OF ll..LINOIS ) ) SS. COUNTY OF COOK ) On this day of , 200_, before me, the undersigned, a Notary Public in and for the State of Illinois, duly commissioned and sworn, personally appeared Beth Ann Drohan, to me known to be the Midwest Area Vice President - Network of Verizon Wireless (V A W) LLCdlb/a Verizon Wireless, that executed the foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of Verizon Wireless (VA W) LLC d/b/a Verizon Wireless, for the uses and purposes therein mentioned, and on oath stated that she is authorized to execute the said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. Print or Type Name: Notary Public in and for the State of Illinois My appointment expires: MINe Dovetail Amendment No.2 to Water Tower Antennae Agreement 4 1128263vl