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| May 12, 2022 City Council Regular Meeting | |
| Title 45. Authorize the City Manager to Execute a Fourth Amendment to the Existing Lease Agreement to Allow T-Mobile to Upgrade their Equipment on the City-Owned Water Tower at 400 Airport Avenue. | |
| Strategic Priority Infrastructure | |
| Description T-Mobile South LLC (T-Mobile) currently leases space on top of the City’s water tank at 400 Airport Avenue at the Savannah-Hilton Head International Airport for placement of cellular communications equipment. T-Mobile is seeking to upgrade the equipment at the leased premises, and this upgrade will require an amendment to the existing lease. The 4th Amendment provides authority to upgrade the equipment in exchange for additional rent of $500 per month. The additional rent will increase the total rent paid at the location to $50,394.00 per year. No other terms or conditions will change.
This matter has been reviewed and approved by the Water Resources Department, Real Estate Services Department, and the City’s Georgia Municipal Association telecommunications consultant. | |
| Recommendation Approval | |
| Contact David Keating, Senior Director, Real Estate Administration | |
| Financial Impact $50,394.05 in Annual Revenue to the City. | |
| Review Comments | |
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Attachments Exhibit 1: Map - 400 Airport Road.pdf Exhibit 2: Fourth Amendment of Lease Agreement.pdf Exhibit 3: Department Response - 400 Airport Avenue.pdf |
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