Agenda Item # 4
Columbus Consolidated Government
Council Meeting
4/14/2015
Agenda Report # 99
TO: Mayor and Council
SUBJECT: River Center Parking Deck Lease Agreement
INITIATED BY: Engineering Department, Traffic Engineering Division
Recommendation: Approval is requested for a Building and Rooftop Lease
Agreement between the Columbus Consolidated Government (Lessor) and Verizon
Wireless of the East, LP (Lessee), which will allow Verizon to lease space on
the River Center Parking Deck at 919 Broadway for the sole purpose of
installing, operating, and maintaining telecommunications equipment.
Background: Columbus Consolidated Government (CCG) owns and operates an
above-ground parking deck at 919 Broadway. Verizon desires to provide better
cellular service to its customers in the Uptown area, and approached CCG about
leasing space at the parking deck. Verizon will lease approximately 505 square
feet of space on the property grounds, approximately 190 square feet on the
deck roof, and approximately 68 square feet on the side of the deck. The lease
allows Verizon to have ingress rights 24/7/365 to operate and maintain their
equipment. Verizon will pay all utility costs associated with the operation of
their equipment. Staff from Metra and Traffic Engineering has reviewed the
proposed locations of the Verizon equipment and are satisfied that Verizon?s
equipment at these locations will not hinder Metra?s operation of the parking
deck.
Analysis: CCG and Verizon propose a five-year initial lease. Verizon has the
option to renew the lease for four additional consecutive five-year terms, for
a total possible lease of 25 years.
Financial Considerations: The annual rent for the initial five-year term shall
be $21,600.00, and shall be paid in equal monthly installments. The annual
rent for each subsequent five-year term shall increase by fifteen percent (15%)
over the previous term?s rental amount. Therefore, the annual rent shall be
$24,840.00 for the second five-year term, $28,566.00 for the third five-year
term, $32,850.90 for the fourth five-year term, and $37,778.53 for the fifth
five-year term. If Verizon leases the site for all 25 years, their total rent
payments to CCG shall be $728,177.15.
Legal Considerations: Each Building and Rooftop Lease Amendment on CCG
property requires Council approval.
Recommendation/Action: Approve the Building and Rooftop Lease Agreement
between the Columbus Consolidated Government and Verizon Wireless, which will
allow Verizon to lease space on the River Center Parking Deck at 919 Broadway
for the sole purpose of installing, operating, and maintaining
telecommunications equipment.
A RESOLUTION
NO. _____
A RESOLUTION AUTHORIZING THE EXECUTION OF A BUILDING AND ROOFTOP LEASE
AGREEMENT WITH VERIZON WIRELESS OF THE EAST LP, FOR THE PURPOSE OF INSTALLING,
OPERATING AND MAINTAINING A TELECOMMUNICATIONS FACILITY AT THE CITY?S RIVER
CENTER PARKING DECK LOCATED AT 919 BROADWAY IN COLUMBUS.
WHEREAS, Verizon Wireless of the East LP (Verizon) desires to lease ground,
rooftop, and antenna space at the River Center Parking Deck, which is located
at 919 Broadway; and,
WHEREAS, Verizon intends to lease the space at the parking deck for the purpose
of installing, operating and maintaining wireless telecommunications equipment;
and,
WHEREAS, the initial lease term shall be for five years, with Verizon having
the option to renew the lease for four additional five-year terms, for a
possible lease duration of twenty-five years; and,
WHEREAS, Verizon proposes to make annual payments of $21,600.00 to the Columbus
Consolidated Government during the initial five-year lease term; and,
WHEREAS, Verizon?s annual lease payment for each subsequent five-year term
shall increase by fifteen percent (15%) over the previous term?s rental amount;
and,
WHEREAS, the Building and Rooftop Lease Agreement has been reviewed by the City
Attorney?s office, Finance Department, Metra, and the Engineering Department
with a recommendation to approve.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is authorized to execute the Building and Rooftop Lease
Agreement with Verizon Wireless of the East LP, for the purpose of installing,
operating, and maintaining a telecommunications facility at the City?s River
Center Parking Deck located at 919 Broadway.
___________
Introduced at a regular meeting of the Council of Columbus, Georgia, held
the _________ day of _____________ 2015, and adopted at said meeting by the
affirmative vote of _____________ members of said Council.
Councilor Allen voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Buck voting __________.
Councilor Davis voting __________.
Councilor Henderson voting __________.
Councilor Huff voting __________.
Councilor Turner Pugh voting __________.
Councilor Thomas voting __________.
Councilor Woodson voting __________.
_____________________________ _________________________
Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson,
Mayor
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