HomeMy WebLinkAboutRESOLUTION - 33-10 - 6/15/2010 - GROUND LEASE AGREEMENTRESOLUTION NO. 33-10
A RESOLUTION AUTHORIZING THE MAYOR AND VILLAGE CLERK TO
EXECUTE A MODIFICTION AGREEMENT ESTABLISHING CLEAR WIRELESS,
LLC AS A SUBTENANT OF A GROUND LEASE AGREEMENT BETWEEN THE
VILLAGE OF ELK GROVE VILLAGE AND SPRINTCOM, INC. (171 GREENLEAF
AVENUE)
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees
of the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois as
follows:
Section 1: That the Mayor be and is hereby authorized to sign the Modification
Agreement establishing Clear Wireless, LLC as a subtenant of a Ground Lease Agreement
between the Village of Elk Grove Village and Sprintcom; Inc. as previously amended by
assignment, a copy of which is attached hereto and made a part hereof as if fully set forth and
the Village Clerk is authorized to attest said documents upon the signature of the Mayor.
Section 2: That this Resolution shall be in full force and effect from and after its
passage and approval according to law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 15th day of June 2010.
APPROVED this lith day of June 2010.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keeizan, Village Clerk
Aareement Cleark ire
MODIFICATION AGREEMENT ESTABLISHING CLEAR WIRELESS, LLC AS A
SUBTENANT OF A GROUND LEASE AGREEMENT BETWEEN THE VILLAGE OF ELK
GROVE VILLAGE AND TOWERCO ASSETS LLC AS PREVIOUSLY AMENDED BY
ASSIGNMENT
This Agreement, effective as of the date last signed below (effective date), modifies
a certain Ground Lease Agreement between TowerCo Assets LLC and the Village of
Elk Grove ("Owner"), dated June 8, 2010 (the "Agreement") by establishing Clear
Wireless, LLC as a Subtenant and further establishing additional conditions and
rental obligations for the Subtenant.
RECITALS
1. TowerCo Assets LLC ("Tenant") is the successor in interest of Nextel West Corp.
d/b/a Nextel Communications through previous amendments and has full
authority to execute this Modification Agreement.
2. Tenant desires to modify its installation on the Site by the addition of equipment
to the facilities by Clear Wireless, LLC ("Subtenant"). Location of site: 1751
Greenleaf, Elk Grove Village, Illinois 60007
3. In order to effectuate same, Owner must, and by this Agreement shall, permit
the co -location by Subtenant subject to the terms and provisions set forth herein
concerning Subtenant's obligations to the Owner.
AGREEMENT
For good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, Owner, Tenant and Subtenant agree as follows:
1. Assignment and Subletting.
Pursuant to Section 12 of the Agreement, Tenant is permitted to sublease a
portion of the Site to Subtenant to install equipment on the tower and inside
the shelter.
2. Subtenant's Rent.
a. In consideration for the right to sublease, Subtenant shall pay rent in the
amount of seven -hundred fifty dollars ($750.00) per month ("Additional
Rent") directly to Owner. The rent shall be retroactively effective to
March 1, 2010, and on the annual anniversary each year thereafter, the
rent shall increase by 4%. The rent shall cease upon the earlier of: (i) the
termination of the Agreement, or (ii) Subtenant's cessation of operations
and removal of all of its equipment from the premises.
b. In addition, Subtenant agrees to pay Owner a one-time payment of ten -
thousand dollars ($10,000.00) within sixty (60) days of the execution of
this Agreement in consideration for Owner's consent to sublet to
Subtenant.
If Subtenant (i) does not install, construct or add equipment to the Site,
or (ii) installs equipment, but later removes the equipment, then upon
written notice to Owner, Tenant may terminate this Modification
Agreement. After terminating the Modification Agreement, the terms
and conditions of the Agreement as they existed immediately prior to the
Effective Date of this Modification Agreement shall be deemed ratified,
and shall continue in full force and effect. Rent shall revert to the
amount in effect immediately prior to the Effective Date of this
Modification Agreement, plus any rental increases, including annual
escalators, which occurred during the period of time between the
Effective Date of this Modification Agreement and the termination date
of this Amendment while Additional Rent paid by Subtenant shall cease
immediately.
All notices must be in writing and are effective only when deposited in
the U.S. Mail, return receipt requested and postage prepaid or when sent
via overnight delivery service. Notices to Tenant are to be sent to:
TowerCo Assets LLC. 5000 Valleystone Drive, Attention: Corporate
Counsel, REF: IL, 2040 Cary, North Carolina 27519 with a mandatory copy
to: TowerCo, P.O. Box 602053, Charlotte, North Carolina 28260-2053.
Notices to Subtenant are to be sent to: Clear Wireless, LLC, Attention:
Site Leasing, 4400 Carillon Point, Kirkland, WA 98033, Telephone: 425-
216-7600, Fax: 425-216-7900, Email: Siteleasing@clearwire.com, with a
copy to: Clear Wireless, LLC, Attn: Legal Department, 4400 Carillon
Point, Kirkland, WA 98033, Telephone: 425-216-7600, Fax: 425-216-
76900. Notice to Owner shall be sent to: Village Manager, Village of Elk
Grove Village, 901 Wellington Ave. Elk Grove Village, IL 60007
(a) All capitalized terms used in this Modification Agreement, unless
otherwise defined herein, will have the same meaning as the terms
contained in the Agreement.
(b) In case of any inconsistencies between the terms and conditions in
the Agreement and the terms and conditions contained in this
Modification Agreement, the terms and conditions herein will
control. Except as set forth herein, all provision's of the Agreement
are ratified and remain. unchanged and in full force and effect.
(c) This Modification Agreement may be executed in duplicate
counterparts, each of which will be deemed an original.
(d) Each of the parties represent and warrant that they have the right,
power, legal capacity and authority to enter into and perform their
respective obligations under this Amendment.
The parties have executed this Agreement as of the Effective .Date.
Village of Elk Grove Village
By: Mayor Craig B. Johnson By:
Name: Mayor Craig B. Johnson Name
Title: Mayor Title:
Date: June 15, 2010 Date:
Tenant:
TowerCo Assets LLC
By:
Name:
Title:
Date:
Its Attorney -in -Fact
George B. Knickerbocker
George B. Knickerbocker
Attornev
June 15, 2010
Subtenant:
Clear Wireless, LLC — Clear Wireless, LLC agrees and acknowledges that it will pay the
Additional Rent directly to Owner and is solely responsible for payment of
the Additional Rent.
By:.
Name:
Title:
Date: