[00:00:02]
ALL RIGHT, FOLKS, LOOKS LIKE THE CLOCK JUST TURNED.
IT'S 5:00, AND WE'LL CALL TO ORDER.
[A. Consider approval of a request for consent to sublease from American Tower Corporation concerning a land lease agreement with Verizon Wireless. (Staff Presenter: Alex Philips, Economic Development Director) ]
THE FIRST ITEM ON OUR AGENDA IS ITEM 2A TO CONSIDER APPROVAL OF A REQUEST FOR CONSENT TO SUBLEASE FROM AMERICAN TOWER CORPORATION CONCERNING A LAND LEASE AGREEMENT WITH VERIZON WIRELESS.AND THE LAST GUY THAT CAME HERE TO TALK TO US ABOUT A TOWER ALMOST PUT THE WHOLE PLACE TO SLEEP.
I HOPE THAT'S NOT GOING TO BE THE CASE TONIGHT.
I HAVE SOME BINDERS TO PASS OUT.
I'M JUST KIDDING. SO IT'S ALL YOURS.
APPRECIATE IT. THANK YOU, SIR.
GOOD EVENING, COUNCIL 4A BOARD, ALEX PHILLIPS, ECONOMIC DEVELOPMENT DIRECTOR FOR THE CITY BURLESON.
THIS IS A SUBLEASE CONSENT REQUEST CURRENTLY THIS IS 921 SOUTH BURLESON BOULEVARD.
IT'S THERE JUST SOUTH OF HIDDEN CREEK PARKWAY.
THIS IS THE FWAVE BUILDING THAT THE 4A CORPORATION ACTUALLY OWNS AND LEASES TO FWAVE ROOFING.
ORIGINAL LEASE WAS ENTERED IN 2008.
THE LEASE RENEWS EVERY FIVE YEARS WITH INCREMENTS AND WITH THE PRICE INCREASE.
THE CURRENT ANNUAL RATE IS ALMOST 16,000 A YEAR.
SUBLEASES MUST BE APPROVED BY THE CITY OF BURLESON IN THE LEASE.
THE CURRENT LEASE WITH VERIZON WIRELESS AMERICAN TOWER MANAGES THE LEASE ON BEHALF OF VERIZON.
APPEARANCE AND HEIGHT OF THE TOWER WILL BE UNCHANGED.
IT'LL BE STUFF THAT THEY WILL PUT INSIDE OF THAT POLE FOR AT&T MOBILITY.
SO TONIGHT IS TO APPROVE A REQUEST FOR CONSENT TO SUBLEASE FROM AMERICAN TOWER CORPORATION CONCERNING LAND LEASE AGREEMENT WITH VERIZON WIRELESS OR DENY OR MODIFY IT HERE TO ANSWER ANY QUESTIONS YOU MAY HAVE.
ALL RIGHT. QUESTIONS, ANYONE? I HAVE NONE. TAKE A MOTION.
SECOND. MOTION BY STANFORD TO APPROVE AND BY JOHNSON SECOND.
ALL THOSE IN FAVOR, PLEASE SIGNIFY MOTION PASSES BY UNANIMOUS VOTE.
THANK YOU. DO WE HAVE A NEED FOR EXECUTIVE SESSION? NO, SIR. ALL RIGHT, THEN.
THAT CONCLUDES OUR AGENDA FOR THIS EVENING.
SO WE WILL ADJOURN THE MEETING OF THE FOR ECONOMIC DEVELOPMENT CORPORATION AT 5:02.
* This transcript was compiled from uncorrected Closed Captioning.