HomeMy WebLinkAboutResolutions - No. 2012-73RESOLUTION NO. 2012-73
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING CITY MANAGER TO EXECUTE LEASE
AGREEMENT WITH METROPCS CALIFORNIA FOR
114 NORTH MAIN STREET
WHEREAS, MetroPCS California has requested a lease of City property located
at 114 North Main Streetfor the purpose of installing communication equipment; and
WHEREAS, MetroPCS California will be paying $1,500 a month for rent, with a
3% escalator every year; and
WHEREAS, the term of the lease agreement is five years, commencing on the
date MetroPCS begins construction of their facilities, and contains the option to extend
for four additional five-year terms.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute a lease agreement with MetroPCS California for
114 North Main Streetfor the purpose of installing communication equipment.
Dated: June 6, 2012
I hereby certify that Resolution No. 2012-73 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held June 6, 2012, by the following vote:
AYES: COUNCIL MEMBERS — Hansen, Johnson, Katzakian, Nakanishi,
and Mayor Mounce
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
&JOHTL--
City Clerk
2012-73