Explanation
Background: The City of Columbus is the owner of a certain real property improved with a communication tower, located at Griggs Reservoir on Dublin Road. By way of a License Agreement, the Licensee, New Par dba Verizon Wireless, has been co-located on this tower since August 1, 1990. Part of the consideration paid to the City is an Excess Antenna Fee, received based on the number of antennas, above five (5), located on the tower. Verizon has notified the City of its need to decrease the numbers on antennas thus necessitating the need to amend the License Agreement to memorialize the change in rent and other terms and conditions including the Licensee’s name change from New Par to Cellco Partnership, a Delaware general partnership, as successor in interest.
This ordinance authorizes the Director of the Department of Development, or a designated assignee, on behalf of the Department of Public Safety and the Department of Public Utilities, to execute a Second Amendment to License Agreement with Cellco Partnership to adjust the rent and other terms, conditions and provisions of the License Agreement.
Fiscal Impact: The annual consideration the City is to receive approximately $26,000.00.
Emergency action: is requested to amend the current License Agreement to properly adjust the annual rent to account for the Licensee’s decrease in the number of tower antennas without delay.
Title
To authorize the Director of Development, or a designated assignee, on behalf of the Department of Public Safety and the Department of Public Utilities, to enter into a Second Amended to License Agreement with Cellco Partnership to adjust annual rent to account for a decrease in the number of tower antennas; and to declare an emergency. ($0.00)
Body
WHEREAS, the City of Columbus owns certain real property on which a communication tower is located at Griggs Reservoir on Dublin Road in Franklin County; and
WHEREAS, the City, by way of License Agreements, has allo...
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