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HomeMy WebLinkAbout2005-09-26 05-310 RESOLVEItem No. 05 3:0 Date: September 26. 2005 Item/Subject: RESOLVE, Ratifying Execution of Consentto Sublease and Consent to Alterations and Improvements — Bangor Water District Lease Responsible Department: Legal Commentary: The Bangor Water District (BARD) owns the water tower on the hill next to Me Maine Business Enterprise Park. The City owns the land upon which the tower sits. In 2003 the City and BWD entered Into a long- term lease for some of the land around the water tower. The lease Induced a provision that BWD could sublet some of the CAy land to Unicel and rent space on the top of the water tower for a Unkel tower. The City receives one-half of the money Mat Unicel pays an the BWD for rent. Verizon is now interested in placing a tower on the water tower and will need to construct a building on the land leased from the City. Under Me terms of the lease the BARD has with the City, this can only be done with the expressed consent of the City. The Business & Economic Development Committee unanimously recommend approval of the subletting m Verizon under the same conditions as was approved with Unicel. Because of fime constralms of Verizon, the authorization was executed and this will ratify staffs action. Department Head Manager's Comments: Recommend approval. City Manager Associated Information: Budget Approval: Legal Approval Finance Director iOON X Passage _ First Reading Page _1 of 2 Referral 0s sin SEP 2 6 2605 ASssigCouvc T[eo61e CITY Y OFF BANGOR (TITLE.) RE501-VE, Ratifying Execution of Consent to Sublease and Consent to Alterations and Improvements— Bangor Water District Lease By the City Coundl of the City of Bangor: RESOLVED, THAT the actions of the City Manager and the Director of Community and Economic Development In executing a Consent W Sublease and Consent to Alterations and Improvements W a lease between the City of Bangor and the Bangor Water District dated January 25, 2004 is hereby radfied and affirmed. IF CIT4 CAMM septemlpr 26. 2005 Passe C m A 05-310 He SOL VE (TITLE) Satlfylvg E tloa of C mt to Sableeee a Coaeeat to A tetatioaa and e - R=or Vater mstrl t Lease I 05-310 CONSENP TO SOBLEASE The City of Bangor, Lessor under the Prime Lease referenced above, hareby consents to the foregoing sublease or Portland Cellular Partnership, cWa Verizon Wireless, C=OO/1F/ BANGOR By: Print Name: _,,.A R ....d1 Its City Manager CONSENT TO ALTERATIONS AND H4PROVEMENT3 The undersigned Director of Community and Economic DevelopmeoS City of Bangor, hereby consents to the alterations and improvements described in the foregoing sublease to Portland Cellular Partnership, dMa Vervon Wreless. MY OF BANGOR v}, By: Print Name: _ It Director ofCommmuty and Economic -Development 12