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HomeMy WebLinkAbout120 - 12/21/2010 - AUTHORIZING AN OPTION TO LEASE, AND A SUBSEQUENT LEASE 0F CITY-OWNED PROPERTY AT SOUTHRIDGE GREENS G ORDINANCE NO. 120, 2010 • OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING AN OPTION TO LEASE, AND A SUBSEQUENT LEASE 0 , CITY-OWNED PROPERTY AT SOUTHRIDGE GREENS GOLF COURS 0 NEW CINGULAR WIRELESS PCS, LLC FOR THE INSTALLATIO F A TELECOMMUNICATION MONOPINE TOWER AND RELATED E IPMENT, AND THE GRANT OF ASSOCIATED EASEMENTS WHEREAS, the City is the owner of that certain parcel of real operty described as Tract A, Southridge Golf Course, City of Fort Collins, County of Latimer tate of Colorado, EXCEPT that portion set forth in First Replat of a Portion of Tract A, Southri e Golf Course,Recorded May 19, 1992 at Reception No. 92027686 (the "Property"); and WHEREAS, New Cingular Wireless PCS, LLC (" T&T") has asked the City to lease to AT&T 700 square feet of space on the Property(the"Le e Parcel")for the installation of a 50-foot "monopine" (a wireless service tower designed to to like a pine tree) and related equipment to enhance its wireless service, and to grant it a utility sement and an access and utility easement to serve the tower (the "Easements"); and WHEREAS, the proposed Lease P cel and Easements are described on Exhibit "A", attached and incorporated herein by refere ce; and WHEREAS, staff has worke ith AT&T to negotiate and prepare an option, lease and easement agreement(the"Agreeme ),a copy of which is on file in the office of the City Clerk;and WHEREAS,under the t ms of the Agreement,AT&T would receive asix-month option to lease the Lease Parcel and a quire the. Easements for a payment of $2,500 with one six-month renewal period for an addi ' nal $2,500; and WHEREAS, if T&T exercises the option, the Agreement would remain in effect for an initial lease term of ve years, with four additional, successive five-year renewal periods; and 'HE S, use of the Easements would be governed by the terms of the Agreement, and would termin e when the lease of the Lease Parcel terminates; and W EREAS, the Agreement further provides that AT&T shall make annual lease payments to the ty at a rate of$16,800 per year for the initial lease term, said rate to be increased each renew 1 term by twenty percent; and WHEREAS,the Agreement would allow AT&T to sublease space to up to two sub-tenants, i cluding the right to partially assign its use of the Easements, provided AT&T pays the City rent or each such sublease in the amount of$7,200 per year for the first five years of each sublease,with WITHDRAWN ON SECOND READING 12/21/10 that rate to be increased by twenty percent for each additional five year period of a sublease nd WHEREAS, the Agreement requires AT&T to comply with any applicable regulatory requirements or restrictions, including the City Land Use Code and building per It requirements; and WHEREAS, City staff believes that the proposed installation and use by AT&T of its equipment on the Lease Parcel and use of the Easements on and under the Property are consistent with and will not conflict or interfere with the City's and the public's/se of the Property; and WHEREAS, City staff further believes that the financial) benefits to the City of permitting the proposed use are substantial, and the impacts to the City as c minimal; and WHEREAS, Section 23-111(a)of the City Code authorizes the City Council to sell,convey or otherwise dispose of any and all interests in real pro,erty owned by the City, provided that the City Council first finds,by ordinance,that such sale or ther disposition is in the best interests of the City. NOW, THEREFORE, BE IT ORDAIN D BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Co ncil hereby determines that the option to lease and the subsequent lease of the Lease Parcel t Cingular Wireless PCS, LLC, and the associated grant of a utility easement and an access and u ity easement on and across the Property, all as described on Exhibit"A", on terms and conditio s consistent with this Ordinance, are in the best interests of the City. Section 2. Tha/pti�on or is hereby authorized to enter into the Agreement with Cingular Wireless PCS,LLC for theo lease and lease of the Lease Parcel and grant of the Easements, in substantially the form s is on file in the office of the City Clerk, together with such additional terms and conditions as he City Manager, in consultation with the City Attorney, determines to be necessary or appropr' to to protect the interests of the City or effectuate the purposes of this Ordinance, includin but not limited to any necessary changes to the legal description of the Lease Parcel or either o the Easements, as long as such changes do not materially increase the size or change the char ter of the Lease Parcel or either Easement. Intro ced, considered favorably on first reading, and ordered published this 16th day of /TS D.2010,and to be presented for final passage on the 7th day of December,A.D.2010. Mayor -2- Chief Deputy City Clerk Passed and adopted on final reading on the 7th day of December, A.D. 2010. Mayor ATTEST: City Clerk - -3-