City of Alexandria, Virginia
________________
MEMORANDUM
DATE: NOVEMBER 22, 2017
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
TITLE
Consideration of a Lease Amendment with Verizon Wireless to Upgrade Equipment at the Alexandria Courthouse Located at 520 King Street.
BODY
_________________________________________________________________
ISSUE: Installation of updated antenna and equipment on the roof of the Alexandria Courthouse.
RECOMMENDATION: That City Council authorize the lease amendment between the City of Alexandria and Verizon Wireless to modify and install updated antenna and equipment located on the roof of the Alexandria Courthouse.
BACKGROUND: The City currently has a lease agreement with Cellco Partnership, also doing business as Verizon Wireless. Cellco approached the City regarding their company's interest to revise the cell site on the roof of 520 King Street. Currently, the lease allows Verizon to change out equipment on a one-for-one basis. Verizon has requested the replacement of six existing antennas with a different model of antenna which requires an amendment to the existing lease.
DISCUSSION: The draft of the fifth lease amendment includes the initial lease terms and renewal for four (4) three-year terms unless terminated by either party. Both parties have the right to terminate the lease upon the annual anniversary of the commencement date of the lease provided that one year's notice is given. This lease is beneficial to the City and the public, as wireless coverage for users in the area will improve while the City increases its lease revenue. Verizon Wireless has completed the City's approval process for Radio and Television Reception or Transmission Structures (Planning and Zoning case #ADM2017-00047).
FISCAL IMPACT: The City will receive $56,665 annually in rent for the fifth amendment, with a three percent escalation for each year thereafter and an ...
Click here for full text