HomeMy WebLinkAbout2016-02-8348510
195050 ORDINANCE 2016-2-8348
AN ORDINANCE AUTHORIZING THE CITY TO ENTER
INTO AN AMENDMENT TO THE LEASE 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;
WHEREAS, the last amendment to the lease erroneously reduced the
monthly rental amount owed by AT&T to the City by $450;
WHEREAS, the City of Paducah requested AT&T to amend the lease to
reflect a $450 increase in the monthly rental and make said amendment retroactive to
March 1, 2015, the effective date of the previous amendment to the lease;
WHEREAS, AT&T has agreed to amend the lease to increase the monthly
rental amount by $450 and to make that amendment retroactive to March 1, 2015; and
WHEREAS, it has been determined that it is beneficial to the City to agree
to amend the lease in this regard;
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 the Fourth Amendment Tower Option and Lease Agreement with
AT&T to amend the previous lease with AT&T which will increase the monthly rental
amount owed to the City of Paducah by $450 retroactive to March 1, 2015.
SECTION 2. The Mayor is hereby authorized to execute said Fourth Amendment
Tower Option and Lease Agreement 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.
MAYOR
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CITY CLERK
Introduced by the Board of Commissioners January 26, 2016
Adopted by the Board of Commissioners February 9, 2016
Recorded by City Clerk February 9, 2016
Published by The Paducah Sun February 12, 2016
\ord\lease for 911 tower --AT&T 4th Amend