File #: 22-61    Version: Name:
Type: Ordinance / Regular Agenda Status: Passed
File created: 11/2/2021 In control: City Commission
On agenda: 2/8/2022 Final action: 2/8/2022
Title: P.H. 2022-13: (PUBLIC HEARING 2ND READING) AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A LEASE AGREEMENT AND A MEMORANDUM OF LEASE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND CELLCO PARTNERSHIP D/B/A VERIZON WIRELESS; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE (Fiscal Impact: $45,600 - Revenue) FIRST READING: JANUARY 25, 2022
Attachments: 1. 22-05 Verizon Blount Road Tower Agreement Ordinance to City Clerk Advertise.pdf, 2. 2022-115.pdf, 3. 2022-41.pdf, 4. City of Pompano Beach Lease Agreement (Executable 10-26-21).pdf, 5. Pompano Beach Tower MOL PE.pdf, 6. Signing Authority Certification per CPS-103 - Cellco - Powell- Building Permits(2440911.1).pdf, 7. COI Cellco Partnership dba Verizon Wireless 10.26.21.pdf, 8. Insurance template - Verizon Wireless REVISED FINAL.pdf

title

P.H. 2022-13: (PUBLIC HEARING 2ND READING)

AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A LEASE AGREEMENT AND A MEMORANDUM OF LEASE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND CELLCO PARTNERSHIP D/B/A VERIZON WIRELESS; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE

(Fiscal Impact: $45,600 - Revenue)

 

FIRST READING: JANUARY 25, 2022

staffcontact

(Staff Contact: Gene R. Zamoski)

 

summary

Summary Explanation/Background:

Verizon leases space on our communication tower at Blount Road. The original agreement was a 25-year agreement from 1996, specifically ordinance 1996-79.  This agreement expired this year, with an annual rental fee of $31,992.  This new agreement will be for 10 years, starting with an annual rental fee of $45,600. The rent will be increased annually in an amount equal to the change in the annual increase in the Consumer Price Index- All Urban Consumers.

 

Origin of request for this action: Staff

Fiscal impact and source of funding: $45,600 - Revenue

 

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