HomeMy WebLinkAboutMO #2940MUNICIPAL ORDER NO. 2940
A MUNICIPAL ORDER AUTHORIZING AND DIRECTING THE MAYOR TO
EXECUTE A LEASE AGREEMENT BETWEEN AMERICAN TOWERS LLC AND
THE CITY OF PADUCAH FOR LEASE OF THE AMERICAN TOWERS TOWER
LOCATED AT 6765 CONTEST ROAD
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the Mayor is hereby authorized and directed to execute
a Lease Agreement between American Towers LLC, and the City of Paducah, Kentucky.
The initial term of the lease shall be fourteen (14) years, with the option to automatically
renew for three (3) additional terms of five (5) years each. Beginning on the
commencement date, rent will be paid in equal monthly installments of Three Thousand
Nine Hundred Dollars ($3,900) for the first year with an annual increase of 4%.
SECTION 2. The cost of this lease will be included in the 911 budget,
Communications Equipment Maintenance, Account Number 20004001 522060.
SECTION 3. This Order shall be in full force and effect from and after the
date of its adoption.
George Bray, Mayor
ATTEST:
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Claudia S. Meeks, Assistant City Clerk
Adopted by the Board of Commissioners, August 13, 2024
Recorded by Claudia S. Meeks, Assistant City Clerk, August 13, 2024
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