Madison, WI Header
Share to Facebook Share to Twitter Bookmark and Share
File #: 70109    Version: 1 Name: 11406 - Verizon Wireless Small Cell Licence
Type: Resolution Status: Passed
File created: 2/21/2022 In control: Economic Development Division
On agenda: 3/1/2022 Final action: 4/19/2022
Enactment date: 4/25/2022 Enactment #: RES-22-00297
Title: Authorizing the execution of a Lease with Cellco Partnership d/b/a Verizon Wireless, for premises at McPike Park located at 1130 E. Wilson Street. (6th AD)
Sponsors: Brian Benford
Attachments: 1. PC Locator Maps.pdf, 2. 11406 Exhibit A - Locator Map.pdf, 3. 11406 Exhibit B - Lease.pdf, 4. Public Comment_03-07-22.pdf, 5. McPike Park Cell Tower Lease- Parks Memo to Plan Commission.pdf
Fiscal Note
As stated in the attached lease agreement, the “Lessee” shall pay a base annual fee of $30,000, subject to a 3% annual escalator. Generated revenues from this lease will be deposited into the Parks Division’s operating budget (51110-43522). No additional City appropriation is required.
Title
Authorizing the execution of a Lease with Cellco Partnership d/b/a Verizon Wireless, for premises at McPike Park located at 1130 E. Wilson Street. (6th AD)
Body
WHEREAS, the City is the owner of certain real property located at 1130 E. Wilson Street, Madison, Wisconsin, and depicted on attached Exhibit A (“Property”), also known as McPike Park; and

WHEREAS, the City acquired the Property pursuant to an Award of Compensation dated July 27, 2017 and recorded July 31, 2017 as Document No. 5345476; and

WHEREAS, when the City acquired the Property, it was subject to a Site Agreement dated May 29, 1997 (“1997 Agreement”) between the prior owners and PrimeCo Personal Communications, L.P., as predecessor-in-interest to Cellco Partnership d/b/a Verizon Wireless, a Delaware general partnership (“Lessee”), which 1997 Agreement allows for the siting and operation of a telecommunications tower and associated equipment on a portion of the Property (“Site”); and

WHEREAS, pursuant to a Memorandum of Lease, dated July 16, 2015 and recorded with the Dane County Register of Deeds on July 21, 2015 as Document No. 5169797, ATC Sequoia LLC, a Delaware limited liability company (“ATC”), manages, operates and maintains the Site, including the tower and equipment located thereon, on behalf of Lessee pursuant to a Master Prepaid Lease with an effective date of March 27, 2015 (“MPL”); and

WHEREAS, ATC and Lessee entered into a Site Lease Agreement dated May 13, 2016, as amended (collectively, the “SLA”), whereby ATC leased the Site to Lessee for Lessee’s continued use and operation thereof, which SLA is made pursuant to and governed by the MPL; and

WHEREAS, the term of the SLA wi...

Click here for full text