HomeMy WebLinkAboutResolution No. 2016-053CITY OF THE COLONY, TEXAS
RESOLUTION NO. 2016- OS3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
THE COLONY, TEXAS, AUTHORIZING THE CITY MANAGER
TO EXECUTE A THIRD AMENDMENT TO THE GROUND AND
TOWER LEASE AGREEMENT BY AND BETWEEN THE CITY
OF THE COLONY AND VERIZON WIRELESS; PROVIDING
AN EFFECTIVE DATE
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS:
Section 1. That the City Council of the City of The Colony, hereby
authorizes the Third Amendment to the Ground and Tower Lease Agreement by and
between the City of The Colony and Verizon Wireless for a communications facility at
the Cougar Water Tower located at 5033 Clover Valley, The Colony, Denton County,
Texas.
Section 2. That this Third Amendment, attached hereto as Exhibit "A" and
Exhibit "A-6", is found to be acceptable and in the best interest of the City and its citizens,
and the City Manager is hereby authorized to execute the Amendment on behalf of the
City of The Colony, Texas, with the terms and conditions as stated therein.
Section 3. That this resolution shall take effect immediately from and after
its passage.
PASSED AND APPROVED by the City Council of the City of The Colony,
Texas, this 201' day of September, 2016.
ATTT.
a at
Tina Stewart, TR.'MC, City Secretary
AS TO FORM:
/-, 4�e,
J McCo ,'.Mayor
ity of The Colony, Texas
7
of T
;Vim;
Uj _ SEAL
l�
Moore, City ttorney '• •.,.. • ' +
Colony WT
STATE OF TEXAS § City of The Colony
§ Third Amendment to Ground and Tower
COUNTY OF DENTON § Lease Agreement
THIS THIRD AMENDMENT TO GROUND AND TOWER LEASE
AGREEMENT (hereinafter referred to as the "Third Amendment") is made and entered into by
and between the City of The Colony, Texas, a Texas home -rule municipality (hereinafter
referred to as the "Owner"), and Dallas MTA, L.P. d/b/a Verizon Wireless (hereinafter referred
to as the "Tenant") acting by and through their authorized representatives.
WHEREAS, the parties previously entered into that certain Ground and Tower Lease
Agreement dated January 22, 1997, as amended by that certain First Amendment to Ground and
Tower Lease Agreement dated December 15, 2009, as amended by that certain Second
Amendment to Ground and Tower Lease Agreement dated December 2, 2014 (the "Second
Amendment") (hereinafter collectively referred to as the "Lease"), for a communications facility
at the Cougar Water Tower located at 5033 Clover Valley, The Colony, Denton County, Texas;
and
WHEREAS, Section 3 of the original Ground and Tower Lease Agreement provides that
the term of the Lease, after the Initial Term, as defined in the Lease, is for a five (5) year
extension term, with four (4) additional five (5) year term extensions; and
WHEREAS, the fourth five (5) year term extension is from February 22, 2012 to
February 21, 2017, and the fifth five (5) year term extension is from February 22, 2017 to
February 21, 2022; and
WHEREAS, the Owner and Tenant now desire to amend the Lease to address the term
of the Lease and to address the mutual obligations of the parties.
NOW, THEREFORE, in consideration of the mutual promises contained herein and
other valuable consideration the receipt and sufficiency of which are hereby acknowledged, the
Owner and Tenant agree as follows:
Section 1. That the Lease be, and the same is, hereby amended to delete Exhibit A-5
in its entirety and replace said exhibit with the attached Exhibit A-6, a copy of which is attached
hereto and incorporated herein for all purposes, and to include the modifications set forth therein.
Section 2. Term of Lease. Commencing on February 22, 2022, the Lease may be
extended for three (3) additional five (5) year periods, and on the terms as required in the Lease,
for the following terms:
(1) February 22, 2022 to February 21, 2027;
(2) February 22, 2027 to February 21, 2032; and
Page 1 of 4
Third Amendment to Ground and Tower Lease Agreement
City of The Colony, Texas Verizon Wireless
Cougar Water Tower - 5033 Clover Valley, The Colony, Texas
Colony WT
(3) February 22, 2032 to February 21, 2037.
Commencing on February 22, 2022, the Annual Rent for each additional five (5) year extension
period shall equal one hundred fifteen percent (115%) of the Annual Rent for the immediately
preceding five (5) year extension period.
Section 3. That the following miscellaneous provisions are a part of this Third
Amendment:
(a) In the event of an inconsistency between this Third Amendment and the terms of the
Lease, this Third Amendment shall govern.
(b) The Lease shall continue in full force and effect except as amended herein.
[The Remainder of this Page Intentionally Left Blank]
Page 2 of 4
Third Amendment to Ground and Tower Lease Agreement
City of The Colony, Texas - Verizon Wireless
Cougar Water Tower - 5033 Clover Valley, The Colony, Texas
Colony WT
EXECUTED this. -041)day of S e- p+c � � ��+f , 2016.
Owner:
.p CITY OF THE COLONY, TEXAS,
�� .,•. '`•., A Texas home -rule municipality
SEAL
ro Kwell, Cify Vanager
TEXAS Date:
TF,ST'
V'0' SA CW O-A� City Secretary
APPROVED AS TO FORM:
EXECUTED this day of _
S�p V, -n -bey_ , 2016.
Tenant.:
DALLAS MTA, L.P.-rl/b/a Verizon Wireless
By: Verizon Wireless Texas, 11,C,
Its general partner
By: A- \11
Name: Kazi Ahmed
Title: Director — Vetw
rk Field Engineering
Date: UZ)
Page 3 of 4
Third Amendment to Ground and Tower Lease Agreement
City of The Colony, Texas Verizon Wireless
Cougar Water Tower - 5033 Clover Valley, The Colony, Texas
Colony WT
Exhibit A-6
Exhibit A-6
[Exhibits]
Page 4 of 4
Third Amendment to Ground and Tower Lease Agreement
City of The Colony, Texas - Verizon Wireless
Cougar Water Tower 5033 Clover Valley, The Colony, Texas
Colony WT
After recording return to:
Christopher T. Nixon, F.sq.
Winstead PC
500 Winstead Building
2728 N. Harwood Street
Dallas, Texas 75201
MEMORANDUM OF THIRD AMENDMENT TO GROUND AND TOWER LEASE
AGREEMENT
THIS MEMORANDUM OF TIIIRD A.MENDMF,NT TO GROUND AND TOWER LEASE
AGREFMENT made and entered into as of this 264�lday of 2016, by and
between the City of The Colony, Texas, a Texas home -rule municipality ("OWNER"), and Dallas
MTA, L.P. d/b/a Verizon Wireless ("TENANT").
1. OWNER, on the terms and conditions set forth in an unrecorded document dated January
22, 1997, and entitled Ground and Tower Lease Agreement, as amended by a First Amendment
to Ground and Tower Lease Agreement dated December 15, 2009, as amended by a Second
Amendment to Ground and Tower Lease Agreement dated December 2, 2014, as amendyd by a
Third Amendment to Ground and Tower Lease Agreement dated, 2016
(collectively, the "Lease") which terms and conditions are incorporated herein by reference, and
in consideration of the rent and covenants therein provided, does hereby lease to TENANT, and
TENANT hereby rents and accepts from OWNER, certain property ("Leased Site") which is
described in the Memorandum of Lease Agreement recorded as Document Number 98-
R0033198 in the Official Public Records of Denton County, Texas (the "Memorandum"), which
is located at 5033 Clover Valley, The Colony in the State of Texas, within the property of
OWNER which is described in the Memorandum ("OWNER's Property"), together with a non-
exclusive easement to access the Leased Site and to install and maintain utilities, for an extended
term commencing on February 22, 2022 and expiring not later than February 21, 2027, which
term may be extended by TENANT for two (2) additional five (5) year period(s) subject to the
conditions of the Lease.
2. Pursuant to the Ground and Tower Lease Agreement, among other things, OWNER shall
not cause or permit any use of the OWNER's Property which interferes with or impairs the
quality of the communications services being rendered by TENANT from the Leased Site.
[Remainder of Page Intentionally Blank]
Memorandum of Third Amendment to Ground and Tower Lease Agreement - Page 1
Colony WT
IN WITNESS WHEREOF, OWNER and TENANT have duly executed this
Memorandum of Third Amendment to Ground and Tower Lease Agreement as of the date first
written above.
EST:
-`ha 1 kktwo.r {, City Secretary
APPROVED AS TO FORM:
City Attorney
OWNER:
CITY OF THE COLONY, TEXAS,
A Texas home -rule municipality
By: f.w l
Troy o e 1, City :Manager
Date: R
SEXECUTED this day of --,2016.
TENANT:
DALLAS MTA, L.P. d/b/a Verizon Wireless
By: Verizon Wireless Texas, I.LC,
Its general partner
By: 6.r
Name: Kazi Ahmed
Title: Director - NptworField Engineering
Date:
Memorandum of Third Amendment to Ground and Tower Lease Agreement - Page 2
STATE OF �S )
)SS. ACKNOWLEDGMENT
COUNTY OF�?'l )
BEFORE ME, the undersigned authority, on this day personally appeared Troy C.
Powell, City Manager of the City of The Colony, Texas, a Texas home -rule municipality, known
to me to be the person whose name is subscribed to the foregoing instrument and acknowledged
to me that he, being duly authorized to execute said instrument, executed the same for the
purposes and considerations therein expressed.
('liven under my hand and seal of office this d 1_ day of
DIANNE I. JOHNSON t ,�/,�►
Notary Public state of Texas
My Commission Expires
IAZyJanuary 09, 2018 e S Public in and fort to of
(PERSONALIZED SEAL)
STATE OF TEXAS )
)SS. ACKNOWLEDGMENT
COUNTY OF TARRANT )
BEFORE ME, the undersigned authority, on this day personally appeared Kazi Ahmed,
Director - Network Field Engineering of Verizon Wireless Texas, LLC, the general partner of
Dallas MTA, L.P. d/b/a Verizon Wireless, known to me to be the person whose name is
subscribed to the foregoing instrument and acknowledged to me that he, being duly authorized to
execute said instrument, executed the same for the purposes and considerations therein
expressed.
Given under my hand and seal of office this q day of , 20L�
' ,IIII,M
4P P. DEBBIE Notary Public i4 and for the State of Texas
My Notary ID # 12025382
(PERSmy 5, 2020
Memorandum of Third Amendment to Ground and Tower Lease Agreement — Page 3
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