Nature of Contract
Agreement was negotiated with tenants and available to any cellular company with the same terms.
Date Contract Approved
October 1, 2014
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, 2019-June 30, 2019 – $575,000