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Lease Agreement with Omnipoint Communication Inc. <br /> December 21, 2009 <br /> Page 2 <br /> The revenue from this lease is $2,400 per month ($28,800 per year). The <br /> lease term is for 10 years, with three 5 year extension options. The <br /> City's consultant (ATS Communications) will receive 20 percent ($5,760) of <br /> the revenue annually for assisting in the negotiations and construction <br /> administration of the lease agreement. This is the last ATS Communication <br /> Cellular Antenna project with the City. T-Mobile's $10,000 payment for <br /> Rosita Park improvements is not part of the 20/80 split. The agreement <br /> also includes a 4 percent per year increase for the term of the lease. <br /> The lease agreement with T-Mobile is for a 300 square feet lease area (15' <br /> X 20' equipment room). T-Mobile indicated they will design a 15 by 40 <br /> feet equipment building to provide space for a future carrier, but only <br /> construct half the building. <br /> ENVIRONMENTAL IMPACT <br /> In accordance with the California Environmental Quality Act, the <br /> recommended action is exempted from further review. Categorical Exemption <br /> Environmental Review No. 2008-241 (Rosita Park) will be filed for this <br /> project . <br /> FISCAL IMPACT <br /> This appropriation adjustment will recognize $33,040 in the Capital Outlay <br /> Fund revenue account (no. 05102002-57010) and appropriate same to the <br /> Capital Outlay expenditure account (no. 05113263-66220) for landscape <br /> maintenance of City parks. <br /> APPROVED AS TO FUNDS AND ACCOUNTS: <br /> t'L~,~-' <br /> <br /> Gerardo Mouet Francisco Gutierrez <br /> Executive Dire~tor Executive Director <br /> Parks, Recreation and Finance & Mgmt Services Agency <br /> <br /> Community Services Agency <br /> 25B-2 <br /> <br />