HomeMy WebLinkAbout2017-500-6/26/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703.
RESOLUTION NO. 2017-500
RESOLUTION APPROVING A LEASE AGREEMENT WITH
TOWERCO 2013, LLC TO PLACE A 190 FOOT TALL
MONOPOLE CELLULAR TOWER AND RELATED
EQUIPMENT ON EXCESS CITY OWNED RIGHT-OF-WAY
LOCATED NEAR THE INTERSECTION OF WEST CONGER
STREET AND RIVER ROAD, EAST OF 310 WEST CONGER
STREET, AND LEASING THE SITE FOR A PERIOD OF FIVE
(5) YEARS WITH THE OPTION TO RENEW FOR UP TO 19
ADDITIONAL FIVE (5) YEAR TERMS, FOR $800 PER
MONTH.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that
the Right-of-Way Lease Agreement dated June 26, 2017, between Towerco 2013, LLC and the
City of Waterloo, Iowa, to place a 190 foot tall monopole cellular tower and related equipment
on excess city owned right-of-way located near the intersection of West Conger Street and River
Road, east of 310 West Conger Street, and leasing the site for a period of five (5) years with the
option to renew for up to 19 additional five (5) year terms, for $800 per month, be and the same
is hereby approved, and the Mayor authorized to execute the same on behalf of the City of
Waterloo, Iowa.
PASSED AND ADOPTED this 26th day of June 2017.
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Quentin Hart, Mayor
ATTEST.
Kelley Fel
City Clerk