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HomeMy WebLinkAbout2011-297-4 /18/2011RESOLUTION NO. 2011-297 RESOLUTION APPROVING OPTION AND LAND LEASE AGREEMENT WITH FIDELITY TOWERS INC. OF PARKER, COLORADO, AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Option and Land Lease Agreement dated April 28, 2011, in the amount of $9,600.00 per year, to lease a 2,500 square foot area for the construction of a 120' stealth monopole tower and equipment at Morris Park located at the corner of Ridgeway Avenue and 11th Street, by and between Fidelity Towers Inc. of Parker, Colorado and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 18th day of April, 2011. Ernest G. Clark, Mayor ATTEST: Suzy Scha es, CMC City Clerk