HomeMy WebLinkAbout2015-04-8230186610
ORDINANCE 2015-4-8230
AN ORDINANCE AUTHORIZING THE CITY TO EXECUTE A FIRST
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AMENDMENT TO MEMORANDUM OF LEASE AND THE THIRD AMENDMENT TO
TOWER OPTION AND LEASE AGREEMENT WITH AT&T FOR THE BENEFIT OF THE
CITY
WHEREAS, the City of Paducah previously leased space on the 800 MHz tower
to AT&T and a 900 square foot parcel of real estate located at 510 Clark Street; and
WHEREAS, AT&T has approached the City of Paducah regarding the renewal of
said lease; and
WHEREAS, AT&T has requested the lease to be extended for a term of five (5)
years to be automatically renewed up to five (5) separate consecutive additional periods of five
(5) years unless terminated by either AT&T or the City; and
WHEREAS, in exchange for this Agreement, AT&T has agreed to increase the
monthly rent to $1,633.50; and
WHEREAS, it has been determined that it is beneficial to the City to agree to
enter into this Lease.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH,
KENTUCKY:
- SECTION 1. The City Commission hereby authorizes and approves the City of
Paducah to enter into an Agreement with AT&T for the lease of space on the 800 MHz tower and
the lease of real estate located at 510 Clark Street upon the terms and conditions as negotiated by
Corporation Counsel, a copy of which has been provided to the Commission.
SECTION 2. The Mayor is hereby authorized to execute said lease agreements
between the City and AT&T.
SECTION 3. This ordinance shall be read on two separate days and will become
effective upon summary publication pursuant to KRS Chapter 424.
ATTEST:
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Tammara S. Sanderson, City Clerk
Introduced by the Board of Commissioners, April 14, 2015
Adopted by the Board of Commissioners, April 21, 2015
Recorded by Tammara S. Sanderson, City Clerk, April 21, 2015
Published by The Paducah Sun, April 24, 2015
\ord\lease for 911 tower—AT&T 3rd Amend