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Council OKs AT&T lease terms in principle; site-plan process to begin
Summary
City staff and council agreed in principle to AT&T’s counteroffer for a land lease—$1,250 per month with 3% annual increases for a five-year term and four five-year renewals—and directed staff to begin the site-plan process.
Council members indicated support for AT&T’s proposed lease terms on a city-owned site and directed City staff to begin the site-plan review process.
City staff reported AT&T’s counteroffer: $1,250 per month, with a 3% annual increase, for an initial five-year term and four additional five-year renewal terms. Council said it was acceptable to proceed with those terms and asked staff to contact AT&T to initiate the site plan process.
No formal lease resolution was adopted at the meeting; this action records council’s direction to staff to advance the site-plan and negotiations under the stated commercial terms.
