Agenda Item # 2
Columbus Consolidated Government
Council Meeting
01/14/2014
Agenda Report # 61
TO: Mayor and Council
SUBJECT: Lease Extension - Golden Park Cell Tower
INITIATED BY: Amy Carbajal, Community Reinvestment
Recommendation: Approval is requested to enter into an extension for a lease
agreement for Golden Park Cell Tower to Columbus Management, LLC, for an
additional five (5) year term.
Background: Columbus Management, LLC has been leasing the Golden Park
Cell Tower site from the City pursuant to an Option and Lease Agreement
executed on May 20, 2009. Per this agreement, the Tenant may extend the lease
for an additional 5 year term with approval of council and 180 days notice.
Staff has received the timely request for extension. The rent will increase
from $6,000 per year to $6,900 per year.
Analysis: There have been no other requests for this space. The tenant
appears to have operated within the parameters of the lease agreement.
Financial Considerations: The City will collect $6,900 in annual revenue.
Projected Annual Fiscal Impact Statement: The City will collect $6,900 in
annual revenue.
Legal Considerations: Council must approve all lease agreements.
Recommendations/ Actions: Approve a Resolution authorizing the City Manager to
execute an extension of a lease agreement for Golden Park Cell Tower to
Columbus Management, LLC, for an additional five (5) year term.
A RESOLUTION
NO. _____
A RESOLUTION AUTHORIZING A FIVE YEAR LEASE EXTENSION FOR COLUMBUS MANAGEMENT,
LLC, FOR THE GOLDEN PARK CELL TOWER SITE.
WHEREAS, the city of Columbus entered into an Option and Lease Agreement with
Columbus Management, LLC, to lease the Golden Park Cell Tower on May 9, 2009;
and,
WHEREAS, that option and lease agreement will expire on May 9, 2014, unless
written notice is given to the City requesting an extended term of five (5)
additional years; and,
WHEREAS, the city of Columbus has received such request in a timely manner.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is hereby authorized to enter into an Option and
Lease Agreement for a five (5) year period with Columbus Management, LLC, for
Golden Park Cell Tower Site according to the terms of the agreement.
_______________________
Introduced at a regular meeting of the Council of Columbus, Georgia, held
the _________ day of _____________ 2014, and adopted at said meeting by the
affirmative vote of
_____________ members of said Council.
Councilor Allen voting __________.
Councilor Henderson voting __________.
Councilor Huff voting __________.
Councilor McDaniel voting __________.
Councilor Turner Pugh voting __________.
Councilor Woodson voting __________.
_____________________________
________________________
Tiny B. Washington, Clerk of Council , Mayor
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