HomeMy WebLinkAboutAGMT - STC One/Global Signal Acquisitions (Cell Site Lease Agreement) •
• •
SECOND AMENDMENT TO
COMMUNICATIONS SITE LEASE AGREEMENT
FOR 3101 NORTH GATE ROAD
Between
SEAL
F 9 " '
�' PoggT
9., �
5 1
A
' '1/N . cad=
City of Seal Beach
211 - 8th Street
Seal Beach, CA 90740
STC One LLC
a Delaware Limited Liability Company
This Second Amendment ( "Second Amendment ") is made and entered into as of August 9, 2010,
by and between the CITY OF SEAL BEACH, a California charter city ( "City ") and STC One
LLC, a Delaware limited liability company, by and through Global Signal Acquisitions III LLC,
a Delaware limited liability company, its Attorney -in -Fact ( "Lessee ").
• •
RECITALS
1. The City owns certain real property located at 3101 North Gate Road (the "Site ") in the
City of Seal Beach. The City leases a portion of the Site to Cox California PCS, Inc. ( "Cox ") for
certain communication facilities described in Exhibit A pursuant to a Lease Agreement dated
June 17, 1996, and amended in 1996. Such amended agreement is hereinafter referred to as the
"Lease Agreement."
2. Lessee is the successor -in- interest to Cox under the Lease Agreement.
3. The Parties mutually desire to amend the Lease Agreement.
NOW THEREFORE, in consideration of the Parties' performance of the promises, covenants,
and conditions stated herein, the Parties hereto agree as follows.
AMENDMENT
1. On or before August 31, 2010, Lessee shall pay City a one -time administrative fee of
$2,500.00, which sum shall not be counted as rent. No other provision of this Second
Amendment shall go into effect unless and until such payment is made.
2. Attachment 2 to the Lease Agreement is hereby replaced in its entirety with the plans and
drawings attached to this Second Amendment at Exhibit A.
3. The rent specified in Section 5 of the Lease Agreement shall be increased to Two
Thousand Dollars ($2,000.00) per month upon the issuance of a local building permit for the
installation of the additional equipment described in Exhibit A to this Second Amendment (the
"Clearwire Project "). Future rent increases pursuant to Section 5 of the Lease agreement shall be
based on the new rent amount established by this paragraph.
4. Neither Section 2 nor Section 3 of this Second Amendment shall have any effect 18
months after the date of the Parties' full execution of this Second Amendment unless Clearwire
has by that date begun installation of the Clearwire Project.
5. All terms and provisions of the Lease Agreement, as previously amended, not amended
by this Second Amendment shall continue in full force and effect.
IN WITNESS WHEREOF, the Parties, through their respective authorized representatives, have
executed this Second Amendment as of the date first written above.
CITY OF SEAL BEACH
By:
David Carmany, ity Manager
Approved as to Form:
Attest: _
( 4 1/11 -
0
By: /.a By:
inda Devine, City Clerk Quinn Barrow, City Attorney
2
• •
LESSEE
STC One LLC, a Delaware limited
liability company
By: Global Signal Acquisitions III LLC, a
Delaware limited liability company,
its Attorney in Fact
By: &,,,,.
Name: G_p Craff"
Title: , Ad _,._ _
Date: 7' 4 ' /V
STATE OF CALIFORNIA
COUNTY OF C
On�' u T «, 2010, before me, 1/ /V otary Public, personally
appeared `^ ( C'P_6, ( , who proved to me on a basis of satisfactory evidence
to be the person whose name is subscribed to the within instrument and acknowledged to me that
he executed the same in his authorized capacity, and that by his signature on the instrument the
person, or the entity upon behalf of which the person acted, executed the instrument.
I certify UNDER PENALTY OF PERJURY under the laws of the State of California that
the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
:'. COMM # 8
I L ° , NOTARY PUBLIC • CALIFORNIA
``' "!'� J RIVERSIDE COUNTY Z ;At, My Comm Expires March 5.2013 _ - _ �• / %At
Notary Pub is
[Seal]
3
• •
EXHIBIT A
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