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*-- <br /> Elk River <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> Elk River Municipal Utilities Commission Eric Volk- Water Superintendent <br /> John Dietz—Chair <br /> Al Nadeau—Vice Chair <br /> Daryl Thompson—Trustee <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> March 15, 2016 2.7 <br /> SUBJECT: <br /> Verizon Non-Exclusive Lease Agreement(Auburn Street Water Tower) <br /> BACKGROUND: <br /> We were approached by Verizon Wireless to attach their cellular antennas to our Auburn Street <br /> Water Tower. The attachments will be similar to what was attached to the Gary Street and <br /> Johnson Street Water Towers two years ago. The site will include a fenced in area with electrical <br /> equipment and a generator. On the top of the tower there will be six antennas and twelve RRUs. <br /> The lease agreement starts at$30,000 for the first year with a 4%increase every year after that. <br /> The initial term is five years with an option to renew the lease four more times with each term <br /> being five years. <br /> This lease agreement is similar to the agreements ERMU already has in place with Verizon <br /> Wireless. <br /> ACTION REQUESTED: <br /> Staff recommends the Commission approve the Verizon Non-Exclusive Lease Agreement and <br /> the Memorandum of Tower Attachment Lease Agreement for the Auburn Street Water Tower. <br /> ATTACHMENTS: <br /> • Verizon Non-Exclusive Lease Agreement <br /> • Verizon Memorandum of Tower Attachment Lease Agreement <br /> POWERED BY <br /> ® Page 1 of 1 NATURE <br /> Reliable Public <br /> Power Provider POWERED T o S ERV E <br /> 125 <br />