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S-1517 - 12/12/2017 - AGREEMENT - Ordinances Supporting Documents BOARD OF TRUSTEES MEETING VILLAGE of SAMUEL E. DEAN BOARD ROOM OAK BR , K BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, ILLINOIS 630-368-5000 AGENDA ITEM Regular Board of Trustees Meeting of December 12,2017 SUBJECT: SprintCom,Inc. Ground Lease Agreement Amendment FROM: Jim Fox, Information Technology Director or BUDGET SOURCE/BUDGET IMPACT: NA RECOMMENDED MOTION: I move that the Village Board approve Ordinance 2017 TELECOM-TWR-S-1517 to approve an Amendment to the Ground Lease Agreement with SprintCom, Inc. for cellular communication equipment installed at 1200 Oak Brook Road. Background/History: On September 12, 2006 the Village Board approved Ordinance 2006-TELECOM-TWR-EX1- R950 with Nextel West Corporation (Nextel) to construct an 80-foot monopole communication tower at 1200 Oak Brook Rd and to lease ground space to support their cellular communication equipment. A short time after the tower was constructed, Nextel was purchased by SprintCom (Sprint)and Sprint has continued to operate their cellular equipment from this site since that time. On October 24,2017,the Village Board approved Ordinance 2017-TELECOM-TWR-S-1516 with Verizon Wireless to construct a new 120-foot monopole communication tower at 1200 Oak Brook Rd on the grounds of the Butler Government Center to replace an existing 95-foot monopole tower. In an effort to avoid having two (2) monopole towers at 1200 Oak Brook Rd, Village staff has negotiated with Sprint to move their equipment from the current tower to the new monopole tower being constructed by Verizon. Sprint has determined the relocation costs of their equipment will be approximately$40,000. The proposed lease amendment will allow Sprint to abate their current monthly rent until the abatement is equal to the lesser of$40,000, or the actual expenses directly attributable to relocating the equipment described within the agreement. After the abatement period,rental payments shall again become due at the figures set forth in the Option and Structural Lease Agreement. The agreement also requires Sprint to deliver to the Village written evidence of the relocation costs so the Village can confirm the value and schedule of the abatement. BOT AGENDA Page 1 `� The proposed lease amendment with Sprint is the last of(4) four ordinances that are required to commence construction of the new monopole project. The Village Board has previously approved agreements with Verizon, T-Mobile and AT&T. Recommendation I move that the Village Board approve Ordinance 2017 TELECOM-TWR-S-1517 to approve an Amendment to the Ground Lease Agreement with SprintCom, Inc. for cellular communication equipment installed at 1200 Oak Brook Road. BOT AGENDA Page 2 I REVIEW OF CONTRACTS Awarding Agency: Type of Contract: SprintCom Lease Amendment Department: Program/Account Number: Administration NA Awarded Contract Price: Budgeted Amount: NA NA CONTRACT AMOUNT ® Under $20,000 0 $500,001 - $1,000,000 ® $20,000 - $500,000 E] Over $1,000,000 NOTES Lease Amendment with SprintCom a Current tenant of the Butler Government Center Monopole Communication Tower. DEPARTMENT RECT SIGNATURE Name: Date: /Z , s. Zn �- Name: - Date: l2 Name: Date: Name• - Date: 14 2 r� F-1 Three (3) Originals signed by other party Date/Initials F-1 Original provided to staff member for other party Date/Initials 1 0 Original provided to Official Files Date/Initials Village of Oak Brook I Approved by Board of TrUstees- Date/Initials: