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Lease Agreement with <br />October 18, 2010 <br />Page 2 <br />T-Mobile West Corporation at Delhi Park <br />The lease agreement is for 10 years, with three 5 year extension options in the amount of $2,400 per <br />month ($28,800 per year). The agreement provides for a rate increase of 4% per year throughout the <br />term of the lease. In addition T-Mobile has agreed to submit a one time $10,000 payment as soon <br />as the lease is signed. The $10,000 payment will be deposited in a special account for deferred <br />maintenance improvements at Delhi Park. The annual $28,800 lease payment will be deposited in <br />the General Fund for payment of the landscape maintenance contracts in City parks. T-Mobile will <br />provide all the proper insurances and obtain the necessary City permits prior to construction. <br />Three presentations were made to the neighborhood association and OCCCO on T-Mobile's <br />proposal. Questions were mainly focused on health/safety issues which were addressed by T- <br />Mobile's representatives. <br />ENVIRONMENTAL IMPACT <br />In accordance with the California Environmental Quality Act, the recommended action is exempted <br />from further review. Categorical Exemption Environmental Review No. 2010-30 (Delhi Park) will be <br />filed for this project. <br />FISCAL IMPACT <br />This appropriation adjustment will recognize $28,800 and the $10,000 onetime payment in the <br />Capital Outlay Fund Miscellaneous Recovery account (no. 05102002 57010) and appropriate same <br />to the Capital Outlay Fund Improvements Other than Building Expenditure account (no. 05113263 <br />66220) for landscape maintenance of City parks. <br />Gerardo Mouet, <br />Executive Director <br />Parks, Rec. and Com. Svcs. Agency <br />Exhibit: 1. Map <br />2. Agreement <br />APPROVED AS TO FUNDS AND ACCOUNT: <br />Francisco Gutierrez, <br />Executive Director <br />Finance and Mgt. Svcs. Agency <br />25C-2