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2015-127
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Last modified
3/30/2017 1:59:28 PM
Creation date
7/28/2015 12:05:44 PM
Metadata
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Template:
Official Documents
Official Document Type
Second Amendment
Approved Date
06/23/2015
Control Number
2015-126
Agenda Item Number
8.H.
Entity Name
Verizon Wireless
PrimeCo Personal Communications
Subject
Tower and Ground Space Lease
Area
Gifford Water Tower
Project Number
62716
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d. In connection with the installation of the Additional Equipment, Lessee shall label all <br />of its equipment including coaxial cables, located or to be located on the property, <br />so that Lessor and its contractors are able to distinguish Lessee's equipment from <br />equipment owned by other Lessees. This requirement shall apply to all <br />equipment/cables, not just the Additional Equipment. Verification of this <br />requirement shall be included in the inspection as required in Section 2b. of this <br />Second Amendment. <br />e. Commencing on the earlier of (a) the first day of the month immediately occurring <br />after the date on which Lessee commences installation of the Additional Equipment <br />or (b) July 1, 2015 (the "Rent Increase Date"), the annual rent due under the <br />Agreement shall increase by Eight Thousand Four Hundred and 00/100 Dollars <br />($8,400.00), partial years prorated, to reflect the rental payment for the Additional <br />Equipment. Within sixty (60) days of the Rent Increase Date, Verizon Wireless shall <br />pay the pro -rated share of the annual rent increase to cover the period from the <br />Rent Increase Date through the next anniversary of the Agreement's <br />commencement date. The annual rent due under the Agreement shall continue to <br />increase in accordance with Section 9(A) of the Agreement. <br />3. The parties hereby reaffirm their rights and obligations under the Agreement as modified by <br />this Second Amendment. In the event of any inconsistencies between the Agreement and <br />this Second Amendment, the terms of this Second Amendment shall control. <br />IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment as of the day <br />and year first above written. <br />[SIGNATURE PAGES FOLLOW] <br />2 <br />
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