Fiscal Note
The proposed resolution authorizes a first amendment to the contract with CCATT LLC for the installation of telecommunications equipment at Breese Stevens Field. Under the terms of the amendment, the Parks Division shall receive $40,500 per year, subject to a 3% annual escalator. The amendment extends the agreement for one five-year renewal term with two options for a second and third five-year renewal extension under the same terms. The City's contractor, Terabonne, Inc. (DBA Bella Ranch) will receive 10% of the payments ($4,500), subject to the same annual 3% escalator, detailed in the License Fee Schedule in attached Exhibit A. Revenues form this license agreement will be deposited in the Parks Division's Adopted Operating Budget. No appropriation is required.
Title
Authorizing the execution of a First Amendment to License with CCATT LLC, a Delaware limited liability company, for the installation of telecommunications equipment at Breese Stevens Field located at 917 E. Mifflin Street. (District 6)
Body
WHEREAS, the City of Madison (“City”) is the owner of certain real property located at 917 E. Mifflin Street, Madison, Wisconsin (“Property”), and depicted on attached Exhibit B, commonly known as Breese Stevens Field; and
WHEREAS, City entered into a license agreement with CCATT LLC, a Delaware limited liability company (“Licensee”), pursuant to that certain license dated December 23, 2022 (“Prior License”) pertaining to the placement by Licensee of a telecommunications lightpole monopole (“Tower”) and a telecommunications equipment shelter upon certain "Premises" located at the Property, together with easements for ingress, egress and general utility purposes as described more fully in the License; and
WHEREAS, Licensee desires to make equipment changes at the Premises, including increasing the number of antennas from nine (9) to twelve (12), with the right to install up to fifteen (15) antennas at some future date, subject to approval by th...
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