Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Fourth Amendment To The Tower Siting Agreement With MetroPCS Florida, LLC To Renew Its Term For An Additional Five Years And Amending The License Fees And Various Provisions For A Wireless Communications System At 2600 Hollywood Boulevard.
Strategic Plan Focus
Infrastructure & Facilities
Body
Staff Recommends: Approval of the attached resolution.
Explanation:
The Information Technology Department requires the approval of the Fourth Amendment to the Tower Siting Agreement with MetroPCS Florida, LLC. The original agreement was approved by Resolution No. R-2004-350, on October 20, 2004.
The Siting Agreement allows MetroPCS to place a wireless communications facility on top of City Hall, located at 2600 Hollywood Blvd. Hollywood, FL 33020.
The Fourth Amendment extends the current Siting Agreement for an additional five years. The term of the Agreement will automatically be extended for five additional and successive five-year terms (each a “Renewal Term”) unless cancelled by MetroPCS or the City according to the terms of the Agreement.
MetroPCS agrees to pay the City $5,000.00 each month as a License Fee. The License Fee will escalate 10% on the first day of each Renewal Term.
Fiscal Impact:
The Fourth Amendment provides for a fee of $5,000.00 each month or an estimated annual revenue of $60,000.00 to be paid to the City. This fee will increase by 10% on the first day of each Renewal Term.
Recommended for inclusion on the agenda by:
Raheem Seecharan, Director, Information Technology
Adam Reichbach, Assistant City Manager