ORDINANCE NO 2003-0-121
AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE WITH NEXTEL WIP LEASE CORP., D/B/A NEXTEL PARTNERS FOR APPROXIMATELY 400 SQUARE FEET OF GROUND SPACE LOCATED AT 8711 MCPHERSON, LAREDO, WEBB COUNTY, TEXAS, FOR THE CONSTRUCTION AND OPERATION OF ITS COMMUNICATIONS EQUIPMENT FACILITY .
1. TERM OF THE LEASE IS FIFTY-TWO (52) MONTHS COMMENCING ON JUNE 20, 2003 AND ENDING OCTOBER 20, 2007, WITH AN OPTION FOR FOUR (4) SUCCESSIVE RENEWAL TERMS OF FIVE (5) YEARS.
2. THE ANNUAL BASE RENT SHALL BE $4,200.00 EACH YEAR DURING THE TERM OF THE LEASE AND WILL BE ADJUSTED ON EACH ANNIVERSARY OF THE COMMENCEMENT DATE BY FOUR PERCENT (4%), PROVIDING FOR EFFECTIVE DATE.
WHEREAS, the Telecommunications Commission recommends that the City Council approve the proposed lease between the City of Laredo (“Landlord”) and Nextel WIP Lease Corp., d/b/a Nextel Partners (“Tenant”), for a ground lease at the property located at 8711 McPherson, Laredo, Webb County, Texas, for the construction and operation of its communications equipment facility, as a contract and in furtherance of the development of the City of Laredo Telecommunications infrastructure.
WHEREAS, the Telecommunications Commission finds that said lease and contract are in the best interest of the City of Laredo and
WHEREAS, the City Council of the City of Laredo is of the same opinion.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LAREDO THAT:
Section 1. The City Manager be and is hereby authorized to execute a lease with Nextel WIP Lease Corp., d/b/a Nextel Partners, for approximately 400 square feet located at 8711 McPherson, Laredo, Webb County, Texas, for the construction and operation of its communications equipment facility, copy of which lease is attached hereto as Exhibit A and incorporated herein as if set out at length for all intents and purposes.
Section 2. This Ordinance shall become effective upon passage hereof.
PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR ON THIS THE _____ DAY OF MAY, 2003
ELIZABETH G. FLORES
GUSTAVO GUEVARA, JR.
APPROVED AS TO FORM:
JAIME L. FLORES
BY: ALLAN W. MCGRAW
ASSISTANT CITY ATTORNEY