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Agreement with Royal Street Communications <br />August 20, 2007 <br />Page 2 <br />Metro PCS will pay $1,000 per month for this lease. The ATS consultant <br />agreement previously approved by City Council requires the lease payment <br />to be shared 80 percent ($800/month) to the City and 20 percent <br />($200/month) to ATS Communications. The term of the lease agreement will <br />be for 10 years, with three 5-year renewal options. The agreement also <br />includes a four percent lease rate increase per year for the term of the <br />lease. <br />The collocation proposal was presented to the Adams/Centennial Park <br />Neighborhood Association on December 12, 2006. The residents approved the <br />collocation and requested the revenue from the Metro PCS lease be used <br />for improvements at Adams Park. On July 25, 2007 the Board of Recreation <br />and Parks recommended approval of the lease provided revenues are <br />deposited in a special account for Adams Park improvements. <br />ENVIROHI+lENTAL IMPACT <br />In accordance with the California Environmental Quality Act, the <br />recommended action is exempt from further review. Categorical Exemption <br />Environmental Review No. 2006-149 (Adams Park) will be filed for this <br />project. <br />FISCAL IMPACT <br />Funds from this agreement will be deposited in the Capital Outlay - Park <br />Improvements revenue account (no.51-O1-5799) for Adams Park improvements. <br />e, (~ <br />},y Ge rdo Mouet, <br />1"'' Ex utive Director <br />Parks, Recreation and <br />Community Services Agency <br />Approved as to Funds: <br />Francisco Gutierrez <br />Executive Director <br />Finance and Management Services <br />Agency <br />25H-2 <br />