Suzy Ageton George Karakehian KC Becker Tim ... - City of Boulder
Suzy Ageton George Karakehian KC Becker Tim ... - City of Boulder
Suzy Ageton George Karakehian KC Becker Tim ... - City of Boulder
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Market: Colorado<br />
Cell Site Number: COU5172<br />
Cell Site Name: 19 th & Sumac<br />
Fixed Asset Number:10549694<br />
OPTION AND LAND LEASE AGREEMENT<br />
NEW CINGULAR WIRELESS<br />
4365 19 th Street, <strong>Boulder</strong>, Colorado<br />
THIS LAND LE ASE AGREEMENT ("Agreement"), dated to be effective the _____ day <strong>of</strong><br />
__________, 2011 (the “ Effective Date”), is entered into by the <strong>City</strong> <strong>of</strong> <strong>Boulder</strong>, a Colorado hom e rule<br />
municipality, having a m ailing address <strong>of</strong> 1777 Broadway, <strong>Boulder</strong>, CO 80302 (" <strong>City</strong>") and New<br />
Cingular Wireless PCS, LLC, a Delaware lim ited liability company, having a m ailing address <strong>of</strong> 12555<br />
Cingular Way, Suite 1300, Alpharetta, GA 30004 ("Tenant").<br />
BACKGROUND<br />
<strong>City</strong> owns the property located at 4365 19 th Street in the <strong>City</strong> <strong>of</strong> <strong>Boulder</strong>, County <strong>of</strong> <strong>Boulder</strong>, State<br />
<strong>of</strong> Colorado m ore particularly described as Lot 1, Fire Station No. 5 Subdivi sion, County <strong>of</strong> <strong>Boulder</strong>,<br />
State <strong>of</strong> Colorado, (collectively, the " Property"). The P roperty includes a fire station operated by the<br />
<strong>City</strong> <strong>of</strong> <strong>Boulder</strong>.<br />
<strong>City</strong> and Tenant agree as follows:<br />
1. OPTION TO LEASE.<br />
(a) <strong>City</strong> grants to Tenant an option (the " Option") to build an addition to and lease, a certain<br />
portion <strong>of</strong> the Property containing appr oximately four hundred (400) square feet as described on attached<br />
Exhibit 1 (the “Premises”) for the placement <strong>of</strong> Tenant’s Communications Facility defined below.<br />
(b) During the term <strong>of</strong> this Option, Tenant, at Tenant’s sole c ost, and its a gents, engineers,<br />
surveyors and other representatives may enter upon th e Property to inspect, examine, conduct soil borings,<br />
drainage testing, material sampling, radio freque ncy testing and other geological or engineering tests or<br />
studies <strong>of</strong> the Property ( collectively, the "Tests"), to apply for and obtai n licenses, permits, approvals, or<br />
other relief required <strong>of</strong> or deem ed necessary or appropr iate at Tenant’s sole discretion for its use <strong>of</strong> the<br />
Premises and include, without lim itation, applications for zoning variance s, zoning ordinances,<br />
amendments, special use permits, and construction permits from the <strong>City</strong> (collectively, the " Government<br />
Approvals"), initiate the ordering and/or scheduling <strong>of</strong> necessary utilities, and otherwise to do those things<br />
on or <strong>of</strong>f the Property that, in the opi nion <strong>of</strong> Tenant, are necessary in Tenant’s sole discretion to determine<br />
the physical condition <strong>of</strong> the Property, the environmental history <strong>of</strong> the Property, <strong>City</strong>’s title to the Property<br />
and the feasibility or suitability <strong>of</strong> the Property for Tenant’s Permitted Use, all at Tenant’s expense. Tenant<br />
will not be l iable to <strong>City</strong> or any third party on ac count <strong>of</strong> any pre-existing defect or condition on or with<br />
respect to the Property, whether or not such de fect or condition is disclosed by Tenant’s inspection. Tenant<br />
will restore the Property to its condition as it existed at the commencement <strong>of</strong> the Option Term (as defined<br />
below), reasonable wear and tear an d casualty not caused by Tenant excepted. In addition, Tenant shall<br />
indemnify, defend and hold <strong>City</strong> harm less from and against any and all injury, loss, dam age or claims<br />
arising directly or indirectly out <strong>of</strong> the Tests.<br />
(c) In consideration <strong>of</strong> <strong>City</strong> gr anting Tenant the Option, Tenant ag rees to pay <strong>City</strong> the sum <strong>of</strong><br />
Three Thousand and No/100 Dollars ( $3,000.00) within th irty (30) days <strong>of</strong> the E ffective Date. The<br />
Option will be for an initial term <strong>of</strong> one (1) year commencing on the Effective Date (the "Initial Option<br />
Term") and may be renewed by Te nant for an additi onal one (1) year upon writte n notification to <strong>City</strong><br />
1<br />
Agenda Item 3E Page 5