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'i <br /> INDIAN RIVER COUNTY, FLORIDA <br /> DEPARTMENT OF UTILITY SERVICES <br /> Date: September 14, 2015 <br /> To: Joseph A. Baird, County Administrator <br /> From: Vincent Burke, P.E., Director of Utility services <br /> Prepared By: Cindy Corrente, Utilities Finance Manager <br /> Subject: Second Amendment to Elevated Water Tank Space 'cense Agreement with <br /> New Cingular Wireless PCS, LLC <br /> DESCRIPTIONS AND CONDITIONS: <br /> In March 2004, The Board of County Commissioners entered into a lease agreement with <br /> Bellsouth Mobility, DBA Cingular Wireless (now known as New Cingular Wireless). The <br /> agreement allowed the Licensee to install and operate a communications facility at the Utilities <br /> Department's elevated tank located at 1805 58th Avenue (Kings Highway Tank). The license fee <br /> was $20,000 per year and included a clause that required a four percent increase per year. On <br /> September 10, 2013, the lease was amended to allow for installation of additional equipment <br /> on the tank. Presently, the annual lease fee is $48,466.32. <br /> ANALYSIS: <br /> Recently, a representative for New Cingular Wireless contacted staff to request permission to <br /> install a Propane Generator at the site. Since additional ground space is require for the <br /> generator and propane tank, a new license fee of $53,393.16 per year was agreed upon. The <br /> four percent increase per year remains in effect as well. <br /> FUNDING: <br /> There is no cost to the department as a result of this lease. However, the department will <br /> receive revenues as a result of this lease agreement. The revenues will be recorded in the <br /> operating fund under the Radio Tower Rents account. The operating fund is used to cover <br /> daily expenses encountered to provide services to existing customers. <br /> ACCOUNT NO.: <br /> Description Account Number Amount <br /> Radio Tower Rents 471038-362011 $53,393.16 <br /> Page 1 of 2 <br /> 60 <br />