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August 28, 2025 City Council Regular Meeting | |
Title 19. Authorize the City Manager to Execute a Lease/Use Agreement with the Federal Bureau of Investigation for Telecommunications Space on the City Telecommunication Tower Located at 1801 Kerry Street. | |
Strategic Priority GOAL 1: Increase Public Safety and Our Collective Sense of Security | |
Description The Federal Bureau of Investigation (FBI) has requested to lease space on the City-owned telecommunications tower located at 1801 Kerry Street. The proposed annual rent is $9,488.52 for the first year, with an annual 3% rent escalation per subsequent years. The initial term of the agreement is (1) year and provides (9) one-year extensions. These extensions are subject to yearly federal budget approval. The FBI has leased space from the City for this purpose for many years. | |
Recommendation Approval | |
Contact David Keating, Senior Director of Real Estate Administration | |
Financial Impact Positive $9,488.52 + 3% annual escalators to the General Fund | |
Review Comments | |
Attachments Exhibit 1 - Map - FBI - 1801 Kerry Street.pdf Exhibit 2 - FBI BOA-signed.pdf |
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