TITLE
The Mayor and City Council shall discuss and take action on approval of Consent to Sublease and Leaseback between Verizon Wireless, LLC and ATC Sequoia, LLC, for a cellular tower erected on City owned property located at 18800 N. Porter Road and authorizing the City Manager to execute any future consents to sublease related to this tower. Discussion and Action.
AGENDA ITEM DESCRIPTION
On January 15, 2013, the City entered into an Option and Land Lease Agreement with Verizon Wireless, LLC for a cellular tower erected on City owned property Pacana Park, 18800 N. Porter Road. Verizon desires to sublease the Lease to Vertical Bridge, and leaseback a portion of the Premises from Verizon Bridge and retain certain rights to continue using such portion of the Premises
This item will be presented by Development Services Director, Rodolfo Lopez
STAFF RECOMMENDATION
Staff recommends the Mayor and Council approve the Consent to Sublease and Leaseback between Gila River Cellular General Partnership, d/b/a Verizon Wireless and Vertical Bridge LLC.