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|July 19, 2018, City Council Regular Meeting|
9. Motion to Approve Lease Amendment with Verizon at 100 James B. Blackburn Drive
Alltel Communications, LLC (“Verizon”) currently pays a 2018 annual rental rate at $71,004.58 for placement of telecommunication equipment on the City’s water tank at 100 James B. Blackburn Drive near the Savannah-Hilton Head International Airport. The tenant is seeking to upgrade equipment at the lease premises but will not be adding to the number of devices or load. Therefore, no additional rent will apply.
No other terms or conditions will change.
This 4th Amendment to Lease has been reviewed by the City’s Information Technology Department (IT) and by Real Estate Services. The following condition(s) are noted:
David Keating, Director of Real Estate Services
The City receives $71,004.58 in annual revenue from this lease agreement.
Map and Picture of 100 James B. Blackburn Drive.pdf
Savannah Internation Airport 4th Amendment draft.pdf