Item 4CItem 4C Approve Ground and Water Tower Leases for Bicentennial and Florence Water Towers with Clearwire Clearwire Background Information Headquartered in Kirkland, WA. Building 1st
nationwide mobile internet network. Offers 4G wireless internet – CLEARTM Investors include: Sprint Nextel Comcast Time Warner Google Clearwire’s Nationwide Network Proposed Equipment
Add equipment to Bicentennial and Florence ESTs Equipment consists of 3 panel antennas and 6 small microwave dishes per site Panel antennas are 3.5 feet tall Microwave antennas are 15.3
inches in diameter Painted to match pedestals Lease Terms Standard agreement 5 year term with 4 – 5 yr renewals Initial rent $30,120 per year per lease 3% annual escalation clause Revenue
of $60,240 for the 1st year Lease exhibit - construction plans include review changes by PW staff, Deltatek Engineering and Landmark RECOMMENDATION Approve the two Ground and Water
Tower Lease Agreements with Clearwire Questions? City of Southlake Strategy Map Live Our Core Values The City of Southlake provides municipal services that support the highest
quality of life for our residents and businesses. We do this by delivering outstanding value and unrivaled quality in everything that we do. Fulfill Our Mission Promote Learning and
Growth Provide Financial Stewardship Serve Our Customers C1 Achieve the highest standards of safety and security C3 Provide attractive and unique spaces for enjoyment of personal interests
C4 Attract and keep top-tier businesses to drive a dynamic and sustainable economic environment C2 Provide travel convenience within city and region B5 Optimize use of technology B1
Implement and share best practices across all departments B3 Pursue innovative service delivery options B4 Provide high quality customer service B2 Collaborate with select partners to
implement service solutions F1 Achieve competitive financial benchmarks F2 Maintain or improve AA bond rating F4 Maximize return on investments F3 Invest to provide and maintain high
quality public assets Manage the Business Safety Mobility Infrastructure Performance Management Quality Partnerships and Security
and Service Delivery Development and Volunteerism L2 Enhance leadership capabilities to deliver results L3
Attract, develop and retain a skilled workforce L1 Ensure our people understand the strategy and how they contribute to it L4 Recognize and reward high performers L5 Actively promote
opportunities for partnerships and volunteer involvement (individual and group) Deliver on Our Focus Areas Integrity ● Innovation ● Accountability ● Commitment to Excellence ● Teamwork
Item 4C on the consent agenda is for approval of Ground and Water Tower Leases for Bicentennial Park and Florence water towers with Clearwire. The approval of the two Ground and Water
Tower Lease agreements with Clearwire support the City’s focus areas of Performance Management and Service Delivery, and Partnerships and Volunteerism. The specific corporate objectives
that are met by the approval of the lease agreements include: Collaborate with select partners to implement service solutions; Pursue innovative service delivery options; Optimize use
of technology; and Maximize return on investments. First, I would like to briefly provide some background information on Clearwire. The Clearwire corporation is headquartered in Kirkland,
Washington. They are currently working on building the first nationwide mobile internet network. The company’s trademark, 4G wireless internet, service is called CLEAR. The company
has numerous investors including: The Sprint Nextel Corporation Comcast Time Warner Cable And Google. Here is a map from Clearwire’s website showing their current coverage area. The
4G wireless internet equipment which Clearwire desires to locate at the Bicentennial Park and Florence Elevated Storage Tank properties includes: 3 panel antennas; and 6 small microwave
dishes For a total of up to 9 antennas per site. This quantity is typical of our cellular leases as well. The panel antennas are approximately 3.5 feet tall; And the dishes are 15.3
inches in diameter. All antennas will be painted to match the tower’s concrete pedestals. Both lease agreements are the City’s standard template that has been reviewed and approved
by City Attorney Cara White. The standard terms of the lease agreement include: An initial 5 year term with up to four additional 5 year renewals. The first year’s rent for each lease
is $30,120 with a 3% escalation clause; therefore, the City will receive a lump sum of $60,240 for the 1st year, and an additional 3% per year thereafter. The construction drawings for
both sites are exhibits to the lease as is customary and have been reviewed by Public Works staff, Deltatek Engineering, and the tank manufacturer, Landmark Structures to ensure: Safety
Compliance with City Code Structural integrity of the tank No impact to existing tenants; and Aesthetics