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City Officer: Lee, Edwin – Mayor – Filed: December 10, 2012 – Contractor: GTE Mobilnet of California Limited Partnership, DBA Verizon Wireless

Nature of Contract

Agreement was negotiated with tenants and available to any cellular company with the same terms.

Date Contract Approved

July 1, 2009 (Airport Commission)

Amount

Currently: Per lease year, the sum according to the following schedule:

July 1, 2009 – June 30, 2010    $350,000

July 1, 2010 – June 30, 2011    $375,000

July 1, 2011 – June 30, 2012    $400,000

July 1, 2012 – June 30, 2013    $425,000

July 1, 2013 – June 30, 2014    $450,000

Proposed per Amendment No. 1:

July 1, 2014 – June 30, 2015    $475,000

July 1, 2015 – June 30, 2016    $500,000

July 1, 2016 – June 30, 2017    $525,000

July 1, 2017 – June 30, 2018    $550,000

July 1, 2018 – June 30, 2019    $575,000

Form

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