Second Amendment to Schedule of Leased Property
Bushard Fire Station.
Request
Amend Schedule No. 2 of Leased Property for Bushard Fire Station between the City and T-Mobile West Tower LLC Execute the Amendment and a Lease Memorandum
Site Lease Location
19711 Bushard St.
Fire Station No. 3 – Bushard Fire Station
Negotiated Terms
Add two 5-year renewal periods to existing agreement
New expiration would be 4/30/2036
Rent increased from $2,816.79 to $3,100.00 upon execution Annual escalations of 3.5%
City will be paid a one-time fee of $20,000
Recommended Action
Approve Amendment No. 2
Authorize the Mayor and City Clerk to execute documents.
Questions?