Loading...
PRES 4 - T-Mobile Site Lease AgreementsI I _U r ' \ (�- 1IJj j- �' � 41k CITY f Federal Way 1 f -J I �i rr r r rrj : f� r J 1� SJ r r r J r-P j -r �VJ 11 ➢T-Mobile West LLC seeks to continue leasing a portion of property located at Lakota Park & BPA/Twin Lakes for the operation of certain equipment for use in connection with its wireless communication services. The City has had site lease agreements in place with T-Mobile West LLC (formerly Voicestream PCS I II) for these locations since z000 & 2003. 2 rJ J Revenue to the City will be $3603.97 per month for Lakota Park and $3745.97 per month for BPA/Twin Lakes. Each agreement has an annual rent increase of 4%. � There is no cost to the City. ➢These agreements are substantially similar to other site lease agreements currently in effect with other companies. (Dish (1), Verizon (1), New Cingular (3)) 3 � j J� IJf1� jf J 41k CITY f Federal Way M