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11/18/2014 (7)
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11/18/2014 (7)
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1/9/2023 12:42:29 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
11/18/2014
Meeting Body
Board of County Commissioners
Book and Page
410
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H:\Indian River\Network Files\SL00000E\S0004AE.tif
SmeadsoftID
14159
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"Lease Term". The Lease Tenn shall automatically be extended for each successive Renewal Tenn unless <br />Lessee notifies Lessor of its intention not to renew at least ninety (90) days prior to the expiration of the then <br />-urrent five year term. Lessor agrees and acknowledges that except that as such permitted use r other rights <br />-it may continue to use and exercise its rights under the Agreeme t as permitted <br />gay be amended herein, Tena <br />prior to the commencement of the two additional extension terms. <br />3. Paragraph five (5) of the Agreement is hereby amended to provide for a new rental rate payable annually <br />in advance in accordance with the following schedule: <br />Start Date — End Date <br />Annual Rental <br />January 21, 2016 — <br />January 20, 2017 <br />$18,702.10 <br />January 21, 2017 — <br />January 20, 2018 <br />$19,450.18 <br />January 21, 2018 — <br />January 20, 2019 <br />$20,228.19 <br />January 21, 2019 <br />— January 20, 2020 <br />$21,037.32 <br />January 21, 2020 — January 20, 2021 <br />$21,878.81 <br />January 21, 2021 <br />— January 20, 2022 <br />$22,753.96 <br />January 21, 2022 <br />— January 20, 2023 <br />$23,664.12 <br />January 21, 2023 <br />— January 20, 2024 <br />$24,610.69 <br />January 21, 2024 <br />— January 20, 2025 <br />$25,595.12 <br />January 21, 2025 <br />—January 20, 2026 <br />$26,618.92 <br />For the avoidance of doubt, Tenant may offset future rent by any amount paid to Lessor in excess', of rent due <br />and payable under the Agreement as amended hereby. <br />4. Paragraph 18 of the Agreement is hereby amended to reflect the changes in addresses of t�e Parties: <br />Tenant: Florida 2B MPL Tower Holdings LLC <br />ATTN Network Legal <br />208 S. Akard Street <br />Dallas, Texas, 75202-4206 <br />With a copy to: <br />CCATT LLC <br />Attn: Legal Dept. <br />2000 Corporate Drive <br />Canonsburg, Pennsylvania 15317 <br />Lessor: Board of County Commissioners <br />Indian River County <br />Attention: Telecommunications Division <br />1801 27`h Street <br />Vero Beach, FL 32960 <br />S. Expansion of the Leased Premises. Lessor grants, to the extent practicable and on a space available <br />basis, the Tenant the right to enlarge the Leased Premises or the Lessor shall make space available on <br />the property for Tenant so that Tenant or its authorized sublessees may implement', any necessary <br />2 <br />202 <br />
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