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2024-258
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2024-258
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Last modified
11/6/2024 2:00:34 PM
Creation date
11/6/2024 1:22:53 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Amendment
Approved Date
10/08/2024
Control Number
2024-258
Agenda Item Number
8.H.
Entity Name
MetroPCS Florida, Inc.
Subject
First Amendment for Cell Radio Lease King’s Highway
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Site N A21`0308M_ <br />Market: Miami <br />FIRST AMENDMENT TO LICENSE ELEVATED WATER TANK SPACE LICENSE <br />AGREEMENT <br />THIS FIRST AMENDMENT TO <br />ELEVATED WATER TANK SPACE LICENSE AGREEMENT <br />LICENSE ("Amendment" or "First Amendment") is made and entered into by and between Indian River <br />County, a Political Subdivision of the State of Florida ("The County"), and MetroPCS Florida, Inc a <br />Delaware limited liability company FKA: MetroPCS California/Florida, Inc., ("Licensee"). <br />RECITALS <br />WHEREAS, The County and Licensee (or as applicable, their respective predecessors in interest) <br />entered into a Rooftop License with Option dated March 16, 2005 (the "Licensee Elevated Water Tank <br />Space License Agreement" hereinafter "Agreement"), with respect to the premises located at 1805 58`h <br />Avenue in Indian River County, Florida (the "Premises") hereinafter, collectively referred to as the <br />"License" <br />WHEREAS, The County and Licensee desire to enter into this First Amendment in order to <br />modify and amend certain provisions of the License. <br />NOW, THEREFORE, in consideration of the mutual covenants and agreements herein <br />contained and other good and valuable consideration, the receipt and sufficiency of which are hereby <br />acknowledged, the County and Licensee covenant and agree as follows: <br />1. USE The County shall have the right to modify its antenna facilities as described and <br />depicted in Exhibit A-1, which is attached hereto and by this reference incorporated herein, and the <br />County hereby consents to and approves of the modifications <br />2. LICENSE FEE Commencing the earlier of (i) the first day of the month following the <br />commencement of construction of the modification of Licensee's equipment at the Premises or, (ii) the <br />first day of the month following the day that is sixty (60) days from full execution of this First <br />Amendment, the monthly license fee shall increase to Four Thousand Nine Hundred Fifty Dollars <br />($4,950.00) per month, , subject to a 4% annual escalator as provided in the License. <br />3. TERMINATION Upon execution of this Amendment, the Parties agree that Tenant may <br />terminate this Lease upon thirty (30) days prior written notice to Landlord, for any of the following <br />reasons: (i) changes in local or state laws or regulations which adversely affect Tenant's ability to operate; <br />(ii) a Federal Communications Commission ("FCC") ruling or regulation that is beyond the control of <br />Tenant; (iii) if Tenant is unable to obtain or maintain any Governmental Approval required for the <br />construction or operation of Tenant's Antenna Facilities (iv) an event caused by the County which will <br />prevent the authorized Use of the Premises by Licensee as described in the Agreement except within <br />ninety (90) days prior to the expiration of an Option tenn other than the current term. In the event of any <br />prior termination of the Agreement, Licensee agrees to pay and is obligated to pay to Licensor the <br />License Fee as amended herein for a minimum of ten (10) years from the date that is sixty (60) days from <br />the full execution of this First Amendment. The Licensor guarantees to waive the right to terminate for <br />the first (10) years from the date of the execution of this First Amendment. <br />4. TERM OF AGREEMENT Upon the expiration of the current Renewal Term, the <br />Agreement will renew for an initial ten (10) year term and then the Licensee has the option to extend this <br />Agreement for three (3), additional five (5) year renewals under the same terms and conditions as set <br />forth in this Agreement as amended by this First Amendment. <br />TMO Signatory Level: L03 <br />NLG -92255 <br />
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