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Lease Agreement with T-Mobile West Corporation at Riverview Park <br /> July 19, 2010 <br /> Page 2 <br /> The lease term of the agreement is for $2,400 per month ($28,800 per year) for the lease of park <br /> property. The term of the lease agreement is for 10 years, with three 5 year extension options. <br /> The agreement provides for the lease rate to increase 4% per year throughout the term of the <br /> lease. In addition T-Mobile has agreed to submit a one time $10,000 payment as soon as the <br /> lease is signed. The $10,000 payment will be deposited in a special account for deferred <br /> maintenance improvements at Riverview Park. The annual $28,800 lease payment will be <br /> deposited in the General Fund for payment of the landscape maintenance contracts in City <br /> parks. T-Mobile will provide all the proper insurances and obtain the necessary city permits prior <br /> to construction. <br /> On February 18, 2010, a presentation of T-Mobile's proposal was made to the Riverview <br /> Neighborhood Association. Questions were raised on health/safety issues and maintenance <br /> responsibility. The community was satisfied with the response and approved the T-Mobile cell <br /> tower to be installed in Riverview Park. <br /> ENVIRONMENTAL IMPACT <br /> In accordance with the California Environmental Quality Act, the recommended action is <br /> exempted from further review. Categorical Exemption Environmental Review No. 2010-29 <br /> (Riverview Park) will be filed for this project. <br /> FISCAL IMPACT <br /> <br /> This appropriation adjustment will recognize $38,800 in the Capital Outlay Fund Miscellaneous <br /> Recovery account (no. 05102002 57010) and appropriate same to the Capital Outlay Fund <br /> Improvements other than Building Expenditure account (no. 05113263 66220) for landscape <br /> maintenance of City parks. <br /> APPROVED AS TO FUNDS AND ACCOUNTS: <br /> frf/~il/"(/ `111 •~~I ~J _ <br /> Gerardo Mou Francisco Gutierrez, <br /> Executive Dir ctor Executive Director <br /> Parks, Recreation and Finance and Management Services Agency <br /> Community Services Agency <br /> 25F-2 <br /> <br />