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R05-110 II 1 2 RESOLUTION NO. R05- r, 0 3 4 A RESOLUTION OF THE CITY COMMISSION OF 5 THE CITY OF BOYNTON BEACH, FLORIDA, 6 AUTHORIZING EXECUTION OF AN AGREEMENT 7 REGARDING GROUND LEASE BETWEEN THE 8 CITY OF BOYNTON BEACH AND SPRINT 9 SPECTRUM, L.P., CONSENTING TO THE 10 ASSIGNMENT OF A GROUND LEASE INTEREST 11 AND OBLIGATIONS TO GLOBAL SIGNAL, INC., 12 FOR THE TELECOMMUNICATIONS TOWER 13 LOCATED AT 3600 MINER ROAD AND PROVIDING 14 AN EFFECTIVE DATE. 15 16 WHEREAS, the City of Boynton Beach entered into a Lease Agreement and 17 Addendum for Telecommunication Tower Site with Sprint Spectrum L.P. ("Sprint"), 18 providing for the lease of public property located at 3600 Minor Road, Boynton Beach, 19 Florida for a telecommunications tower, said lease and addendum each dated October 30, 20 1996; and 21 WHEREAS, Sprint is requesting to assign the ground lease interest and obligations to 22 Global Signal, Inc., and for certificate of estopple; and 23 WHEREAS, staff has reviewed the request and recommends that the City consent to 24 the request thereby allowing Global Signal, Inc., to essentially replace Sprint as the tenant for 25 the subject ground lease. 26 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 27 THE CITY OF BOYNTON BEACH, FLORIDA THAT: 28 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 29 being true and correct and are hereby made a specific part of this Resolution upon adoption 30 hereof. 31 Section 2. The City Commission of the City of Boynton Beach, Florida does 32 hereby authorize execution of an Agreement Regarding Ground Lease between the City of 33 Boynton Beach and Sprint Spectrum L.P., consenting to the assignment of the ground lease 34 interest and obligations to Global Signal, Inc., and for certificate of estopple for the C:IDocuments and Settingslprainitoj\Local SettingslTernporary Inlernet FileslOLKDlSprint Assign to Global (Minor Road).doc II 1 telecommunications tower located at 3600 Minor Road, Boynton Beach. 2 Section 3. This Resolution shall take effect immediately upon passage. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 II PASSED AND ADOPTED this ~ day of June, 2005. ATTEST: 'tn.~ CITY OF BOYNTON BEACH, FLORIDA '\ I i / , C:IDocuments and SettingslprainitojlLocai SettingslTernporary Internet FileslOLKDlSprint Assign to Global (Minor Road).doc Recording requested by and when recorded return to: Global Signal Inc. 301 North Cattleman Road Sarasota, FL 34232 Attn: General Counsel R05;-1I0 AGREEMENT REGARDING GROUND LEASE . TIllS AGREEMENT REGARDING GROUND LEASE (this "Agreement") is made as of , 2005, between the party identified as "Landlord" on the signature page hereof and SPRINT SPECTRUM L.P., a Delaware limited partnership ("Tenant"). REClT ALS: A. Landlord and Tenant are now parties to that certain Lease Agreement for Telecommunications Tower Site dated August 13, 1996, a copy of which is annexed hereto as Exhibit A (the ..~''), covering certain real property more particularly described on Exhibit A attached hereto (the ''ProDertv''); B. Pursuant to an agreement dated February 14,2005 by and among Tenant, certain subsidiaries of Tenant and Global Signal, Inc., the Lease and the property related thereto (the "Premises") will be assigned to an affiliate of Ten ant ("Tenant AftDlate"); and, after such assignment, the references to Tenant herein shall apply to Tenant Affiliate; C. Pursuant to a sublease (the "Sublease''), Tenant Affiliate will sublease its entire interest in the Lease to an affiliate of Global Signal ("Subtenant") in exchange for certain prepaid consideration and Subtenant will then leaseback to Tenant (and/or one or more of its affiliates) the portion of the leased premises on which Tenant's telecommunications equipment is currently located in exchange for certain ongoing payments (collectively, the "Lease and Lease Back Transactions''); D. Certain lenders (each, together with their successors and assigns, a ''Lender'') may make a loan to Subtenant or certain of its affiliates secured by a mortgage or other security instrument encumbering Subtenant's interest in the Sublease; and For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: CITY OF BOYNTON BEACH WATER (MI03XC076) (329S-FL).DOC 1. Consent. To the extent any such consent is required by the Lease, Landlord hereby consents (a) to the acquisition by Tenant Affiliate (or any affiliate thereof), directly or indirectly, of Tenant's interest in the Lease, (b) to the Sublease (and the recording of a memorandum of the Sublease) and (c) to the Lease and Lease Back Transaction. 2. Estoppel Certificate. Landlord certifies that (and Lender may rely on such representations) the following statements are true as of the date hereof: (a) Tenant is the current tenant under the Lease (a full copy of which, including all amendments thereto, is annexed as Exhibit A), and the Lease is in full force and effect and contains the entire agreement between Landlord and Tenant with respect to the Property. Landlord is either the owner of the fee simple interest in the Property or the holder of a valid leasehold interest in the property and the person or entity signing on behalf of Landlord is authorized to do so and no other person or entity's signature is required to bind Landlord. (b) No default exists under the Lease on the part of Tenant, and, to Landlord's knowledge, no event or condition has occurred or exists which, with notice or the passage of time or both, would constitute a default by Tenant under the Lease. (c) No payments to Landlord are required under the Lease for the Lease and Lease Back Transactions or otherwise in connection with the above consents. 3. AQIeement with Respect to the Lease and Sublease. Landlord hereby agrees with respect to the Lease as follows: (a) Lender and Subtenant shall have all of the rights of Tenant under the Lease, including the right to exercise any renewal option(s) or purchase option(s) set forth in the Lease, and shall have the right to assign the Sublease subject to Landlord's consent, which shall not be unreasonably withheld, conditioned or delayed. (b) Landlord shall deliver to any Lender and Subtenant (in each case at such address as shall be designated in writing to Landlord) a copy of any default notice given by Landlord to Tenant under the Lease. No default notice from Landlord to Tenant shall be deemed effective as against any Lender or Subtenant unless received by such Lender or Subtenant. (c) If Tenant defaults on any monetary obligations under the Lease, Landlord shall accept a cure thereof by any Lender or Subtenant within thirty (30) days after delivery of notice of such defaults. For non-monetary defaults, Landlord shall not terminate the Lease for so long as a Lender or Subtenant is diligently pursuing a cure of the default, and if curing such non-monetary default requires possession of the Property, then Landlord agrees to give the Lender or Subtenant a reasonable time to obtain possession of the Property and to cure such default. (d) Landlord acknowledges none of Tenant or Tenant Affiliate may terminate, surrender or cancel the Lease except as provided in the Lease and may not amend the Lease in a manner that materially increases the liability or obligations of Tenant or Tenant Affiliate or decreases the rights of Tenant or Tenant Affiliate without the prior written consent of Lender. (e) If the Lease is terminated by Landlord for any reason, or otherwise rejected in bankruptcy, Landlord will enter into a new lease with either Lender or Subtenant on the same terms as the Lease, provided that all past due amounts under the Lease are paid to Landlord within 30 days of notice to Lender and Subtenant of such termination. 2 CITY OF BOYNTON BEACH WATER (MI03XC076)(3295-FL).DOC 4. Memorandum of Lease. To the extent the Lease or a memorandum thereof has not previously been recorded, this Agreement shall constitute a "memorandum of lease" under applicable State law and may be recorded in the applicable public records, the provisions of the Lease (with certain financial terms redacted therefrom) being as set forth on Exhibit A annexed hereto and made a part hereof. 5. Notices. All notices sent to any Lender or Subtenant shall be in writing and sent by United States mail postage prepaid or other reputable courier service at the following address: c/o Global Signal Inc., 301 North Cattleman Road, Suite 300, Sarasota, FL 34232, Attn: General Counsel; or to such other address as Lender or Subtenant shall have notified Landlord in writing. 6. Miscellaneous. (a) If this Agreement is inconsistent with the Lease, this Agreement shall control. (b) This Agreement shall be binding upon Landlord and its successors and shall benefit each of Lender and Subtenant and their respective successors and assigns. (c) This Agreement may not be amended or modified except by a written agreement executed by Landlord, any Lender and Subtenant. This Agreement may be executed in any number of separate counterparts and all signatures need not be on the same counterpart. [SIGNATURE PAGES FOLLOW] 3 CITY OF BOYNTON BEACH WATER (MI03XC076)(3295-FL).DOC TENANT IN WITNESS WHEREOF, the undersigned, by its duly elected officer(s) and pursuant to proper authority has duly executed, acknowledged and delivered this instrument as its true act and deed. SPRINT SPECTRUM L.P., a Delaware limited partnership By: Name: Title: CITY OF BOYNTON BEACH WATER (Ml03XC076) (329S-FL).DOC LANDl.ORD IN WITNESS WHEREOF, the undersigned has duly executed, acknowledged and delivered this instmment as of the day and year above '\Titten. LANDLORD: CITY OF BOYNTON BEACH FLORIDA By: Name: Title: .~ KURT BRESSNER CITY MANAGER BOYNTON BEACH,. FL APPROVED AS TO FORM: c~c_. ; i t } . I . ! . . -. . . . CITY .ATTORNEY . . . . . . BOYNTON PUBUC WORKS COMPOUND (rvfI03XC072){329r-FL).DOC.. EXHIBIT A Lease and Legal Description (see attached) CITY OF BOYNTON BEACH WATER (MI03XC076) (329S-FL).DOC '. ~'~ 101 I ;.1,1- .1 ,,- .... . , .(' ( LEASE AGREEMENT FOR TELECOMMUNICATION TOWER SITE , T.Hll LEASE AGR~E.MENT (the -Agreemenr), made and entered into this ~e day of~ by arid betWeen:.. .. . . ... . . . ..:- . c~ BOYNTON BEACH, FLORIDA. . a municipal corporation (Hereinafter referred to as -CITY") AND Sprint Spectrum, LP. A Delaware Limited Partnership (Hereinafter referred to as -TENANr) WHEREAS, CITY is the owner of a certain real property located at 3600 Miner Road, Boynton Beach, Florida 33435, Palm Beach County, Florida; and WJiEREAS, TENANT desires to lea~e a portion of ~id real property to construct, oPerate, and ~intahi teie(:OOiml,lnications. tPWEtr anct supp~ equipment;. and. . WHEREAS, CITY staff has reviewed the request of TENANT and recommends that TENANT lease a portion of said real property; and WHEREAS, the City Commission concurs with the recommendation of staff and . deems it in the best"interest of the City .of Boynton Beach to lease a portion of said real property to TENANT; and WHEREAS. CITY and TENANT have negotiated an understanding for the leasing of a portion of said real property; and WHEREAS,.ClTYand TENANT desire to reduc:e theirunders~anding to Writing; now therefore,..... .... ' K~' '~.J1 ~ .Il.. /;. .",. " ' : . r \ (" IN CONSIDERATION OF Ten ($10.00~ i:)b!f&t8, in hand paid by TENANT to CllY, as well as the mutual covenants hereinafter exchanged, the parties agree as follows: , SectiJ 1. R,EAL PROPERTY TO ~E LEASED I . . . ~ . 1.0'1' . CITY. shall lease to TENANT thatbertain 'parcel of resl properly,. sitUated . in Boynton Beach, Palm Beach County, Florida, together with a nonexclusive easement for Ingress and egress, seven (7) days a week, twenty-four (24) hours a day, on foot or motor vehicles, including trucks, and for installatiol') and maintenance of utility wires, cables,'conduits and pipes over, under or along twenty (20') foot wide easement extending from nearest public right..of-way (more particularly desaibed in Exhibit A), which is Miner Road, to the leased property and right-of-way for access are hereinafter referred to as the · Property" . The said Property is located at 3600 Miner Road, in the City of Boynton Beach. Section 2.. DUTIES AND RESPONSIBlunes OF TENANT 2.01 TENANT shall use the Property for the purpose of constructing, maintaining and operating a telecommunications tower and uses Incidental thereto, consisting of a structure or structures, as necessary now or in the future, to house its telecommunications equipment, f'""standing antenna support structure (pQle),. not to . exceed 150' . (one h1.i!1dr~ fifty feet) to meetTENANT's telecorri~ni~tloriS ~s and. all necessarY Connecting appurtenances. TENANT upon the approval of CITY may . modify its antenna support structure and building(s); said approval shall not be unreasonably withheld by CITY. 2.02 TENANT shall place around the perimeter of the Properly 8 security fence of chain-link constNction, or similar but comparable construction, which meets the requirements of the Code of the City of Boynton Beach. 2.03 TENANT shall be responsible for soil borings and similar tests which may be required as a condition of constnJction and for all expenses related to Its ~provements. which. may thereafter be constructed upon Property. 2.04 TENANT shall maintain thE! property in alllasOnabI~ cotiditicm and me~ all requirements imposed by ordinances of the City of Boynton Beach and Palrri Beach County. Florida. 2.05 The CITY also reserves the right to at any time during the tease, install or have. installed other antennas for govemment usage on TENANT's tower. All antennas shall be placed at an elevation as to provide the most effective use and with such approval not unreasonably withheld; provided, however, the CITY"S or other antennas shall not interfere with TENANT"S operations on the Property. Should TENANT install an emergency generator on the Property, the CITY may access and connect only its ~ ~. I. lii~ ~. '" r- ( communications equipment to TENANT"S ametgendy. generator. 2~ TENANT shall furnish, to its unmanned equipment structure, electric or . telepho1e service for the operation of TENANT"s telecommunications equipment. TENANt s~II be solely liable for electricity expens~ rela~ng to its installEltjon and .. eqUipment. TENANT's electrical serviCe sflall be separ~tely metered; 8hd TE~ . shall be responsible for aUeosts as:sOciat~ Withl11etering~. including the cOst.ef . installing any meter. If TENANT should install any emergency generators at this Property, said generator shall CQrnply with Palm Beach County's Wellfield Protection Ordinance. 2.07 TENANT shall submit all required applications for permits to the applicable CITY and/or County departments for review and approval and required fees. 2.08 TENANT will be responsible for making any necessary returns for and paying any and all prc;>>perty.taxes separately levied or assessed against its improvements on the Property. TENANT shall reimburse CITY, as additional rent, its proportionate share of any increase in real estate taxes levied against the Property in exce.ss of the taxes due for the 1996 real estate taxes on the ",al property in which the . Property is a part and against TENANT"s improvements by the taxing authorities. 2.09 TENANT, upon tennination of this Agreeme"" shl;lll, within a reasonable periOd, remove-itS perSonal prOperty andfbdures and restate the property to Its.anginal conditiOn, reasonable Wear and tear exCepted. At CITY's oPtion, When this Agreement" is terminated and upon CI1Y"s advance written notice to TENANT, TENANT will leave the foundation, the tower structure and security fence, to become property of CITY. TENANT shall pay rent at the then existing monthly rate or on the existing monthly pro rata basis, if based upon a longer payment term, untit such time as the removal of perSonal property and fixtures are completed. 2.10 TENANT shall keep the Property free from any liens arising out of any work performed, materials furnished, or obligations incurred by or for TENANT. TENANT shall, within twenty (20) days following the imposition of any such lien. cause the same to be re.leased of record by payment or posting of a proper bond. No work .which CITY permitS TENANT to. perform on the ProPerty shall be d~ec1 to be fontle . Use and benefit OfCllY. so that" no mechanics or other lien shall. be allowed agaii'lst.it;1e .. estate of CITY by reason, of its consent to such work. CITY shall have the right to post notices that it is not resPonsible for payment for any such work. 2.11 CITY hereby grants TENANT as ~ primary inducement to the TENANT"s entering into this Agrepment, the first priority right to Install its antennas and operate its telecommunications tower at the Property. From time to time CllY may grant to itself and to other entitieslhe right to operate telecommunications facilities at the Property and/or the right to install antennas in connection with the operation Of such facilities or other communicati()l'lS facilities; provided, however thet CITY shall not aHow the ~ M ... I: , ..., ,-. r. (.' operation of such facilities and antennas by other tenarjts to interfere with the operation of TENANT's antennas and equipment as it exists at the time of such other tenant's insta~lat' n Or as it may be modified at any time during the term of this Agreement, as the may be extended. If any such interference occurs, CIlY agrees to eliminate, if the., itional equipment is OPerl1ted by the City, ~ or ~us~ the, elimint;ltion of, If such ~pmeiit. is ~ed.by.athird party,such inteiterence With TENANt's operations.. . . within a reasOnable tirM .after. receipt of TENANT's notice' Of sUctilnterference and, If necessary, to cause the interfering paty to cease its operations. If such interference continues for more than thirty (30) days after TENANT's notice to CIlY with respect to such interference, then TENANT shall have the right, in addition to its right to pursue any or illl remedies available to it at law or in equity, to immediately terminate this Agreement by giving written notice to CITY of such termination. The CITY hereby also agrees that the TENANT has no obligation or requirements to upgrade or modify the Tower to facilitate the use of the Tower for other entities which the CIlY may authorize, Any or all costs associated therewith, shall be borne by parties other than the TENANT. 2.12 CITY hereby agrees that, if because of TENANT's operations on the Property any laws or regulations of the Federal Aviation Administration, Federal Communications Commission or any other relevant governmental agency or body reqliire or recommend that TENANT's antennas ancJ10r the T~ be lit and/or marked, TENANT may install and maintain such lighting and markings. In no event. hOwever, shall TENANT be responsible for the i~allatjoo or maintenance of any lighting or . mai'king. requintd by the. operat.ions. of CITY or any othe,tenarlt in the TQWer. GITY. will permit'TENANT acCeSs to all portions of the TOM!r that TI:NANT may need in. order to check and replace such required or recommended lighting or marking. . Section 3. DUnES AND RESPONSIBIUTIES OF CITY 3.01 CITY shall cooperate with TENANT in its effort to obtain certificates; permits and other approvals that may be required by any federa'. state or County authorities. 3.02 CITY shall grant TENANT the right to survey said property in order to meet requirements to submit the applications for permits. . . . .... 3.03 CITY shall cooperate With TENANT in its 8frort 10 obtain utility .services. . along said right-of-way, including signing such documents of easements as may be required by any ptj)lic utility is unable to use the aforementioned right"'Of-way, the CITY hereby agrees to grant an additional right-of-way, either to the TENANT or to public utility, at no cost to the TENANT. Section 4. ACKNOWlEDGMENT 4.01 CITY and TENANT acknowledge that TENANT'S ability to use the ~ ill, I., ...r..... (- r Property is contingent upon TENANT obtaining, after the execution of this Agreement, all the certificates, permits and other approvals that are required by any federal, state ancIIor local authorities. In the event that any certif~te . permit or approval Issued to TENANr is canceled, expires, lapses or is otherwise withdrawn or terminated by a . governmental authority. so tnat ~NANT is unable'to use s.aid real property for its . . .lnt8nd~purpose,.TENANT .haUhavlii the 'righltotermil]ste'ttlis Agreement pursuant to. Section 7:01. . - .. . . . . 4.02 Prior to the submittal of the application for the required building permit, TENANT shall have the right to pSrfonn or caused to be performed and shall. have compefed an assessment Qf the Properly and the adjacent areas in order to determine whether such are contaminated by hazardous substances or pollutants. If the assessment reveals the presence of hazardous substances or pollutants beyond levels acceptable to TENANT and under applicable environmental laws, TENANT shall have the right to tenninate this Agreement purslBlt to Section 7.01. . 4.03 CITY covenants that CITY has good and sufficient title and interest to the property and has full authority to enter into and execute this Agreement CITY further covenants that there are no other liens, judgements or impediments of title on the ProPerly. . section 5.. TERM 'OF AGREEMENT 5.01 See Attached Addendum - Paragraph 2 - Rent 5.02 TENANT shall have the option to extend this Agreement for four (4) additional Five (5) year terms. Such extensions shall automatically occur unless TENANT gives written notice to the other party of its intention not to extend this Agreement at least six (6) months prior to the end of the current term, 5.03 If, at the end of the final year extension term, this Agreement has not been terminated by TENANT giving to the other party written notice of Its intention to terminate at least six (6) months prior to the end of the term, this Agreement shall .remain.in.foree.and 8ff~ upon the same cOvenants, termS. and .cOndItiOlis~.The . . . ., AgreEmient shall b8 for annual terms Ih8reafter unless termInated by 8lfhei'partY .by. .. giving the other party written notice of its intention to terminate at least six (6) months prior to the end of the term. section 6, CONSIDERA nON 6.01 See attached addendum , paragraph 2 - Rent 6.01(a) Services Provided to the City. ~ .M.. I , ".,. r. (- In~' ~n thet n~' ed a~, e~s II vi~~.' ~ either $75, in se s, or e time paym of $75 , or mbln' 1~i-- both cash serviequ in $75, . I kind e ' s ust ea d eel . """ 1~ Mer the~nilial ~, ~ AnOUalR~ ~ sh811 "" submil!ed to Ih . .... ... cliYi10 later than thirty (30) calendar d8ys after the Bnnlversary date of the Cei1irlC8te.' . . of Occupancy. Annual Rent payments shall incur a late payment fee of 1.5% per month (18% per amum), calculated from the Certificate of Occupancy anniversary date, for any payment submitted to the CITY later than the date due. . . 6.03 See attached Addendum, Paragraph 3 - CPI 6.04 This is a net-net-net lease and TENANT shall pay all sales taxes, real estate taxes assessed against TENANTS property, utility charges, cost of maintenance. and all other charges and expenses associated with the tenant's use of the demised premises of this lease. Section 7. TERMINA nON 1 7.01 The TENANT may terminate this Agreement by providing a ten (10) .calendar day written notice prior to the effective ter:minati,on date. 7.02 Prior to itieend of each five (5) year terin,:rENANT may terminate.this . Agreement by providing written notice to the CIlY at least six (6) months prior to the end of the current term. 7.03 Should TENANT default under any of the terms of this Agreement, CITY may terminate this Agreement for cause by proViding a sixty (60) day written notice to TENANT; however, TENANT shall be given the opportunity to correct any default within thirty (30) calendar days of receipt of written notice. This Agreement shall not be tenninated if such default is of a nature that it cannot be cured in thirty (30) calendar days and TENANT is diligenUy proceeding to cure such defect. . . .7.04 tn. the ~Yent of termination. of this Agreement by TENANT,al1 rent~1 fees paid prior to sa.1d terminatior,. date shall be retained .bYthe CITY.. ... . .... ..... 7.05 Upon termination,. TENANT shall offer CITY first option to purchase said antenna structure and certain remaining improvements for the agreed upon sum of One Hundred ($100.00) Dollars. CIlY shall have ninety (90) calendar days from the effective elate of termination in which to exercise this option. Section 8. INDEMNIFICATION 8.01 Genera' Indemnification: TENANT agrees to Indemnify, save and hold ~ ,J!I'. ;. ~ r- '. r- '. hannless and defend CITY, its City Commission members, officers, agents and employees, from any and all claims, damages, liability, losses, causes of action of any nature whatsoever, which may arise out of, in COMection with or because of the use and oc4Jpancy of the property by TENANT or its officers, agents, emplOyeeS or Indeper{dent contractors under this Agreement or the breach of this Agreement by TENANT..PLII'Suantto its liability, "TENANT shall pay.all.Claims, J~~, I~S or'. . . settlements or jUdgments, of :any natUre WhatSoever; : in conneclloii thereWith including, .. but not limited to, paralegal fees, attorney's fees and costs to defend all claims or suits, including attorney;s fees on appeal, in the name of CITY when applicable, and shall pay all coSt .and judgments which may issue thereOn at both the trial and appellate levels. 'Such indemnification shall not be limited to the amount of comprehensive general liability insurance which TENANT Is required to obtain under this Agreement this Indemnity shall not apply to any claims arising from an act of gross negligence or intentional misconduct of the indemnified party. 8.02 Nothing contained herein is Intended nor shall be construed to waive CITY'S rights from immunities under the common law or Florida Statutes, 768.28, as amended from time to time. Section 9, INSURANCE 9.01 TENANT maintains a risk management program which provides for . compreh8nsive g8neralliability, .property inSurance and workers' .~i1satiQn. .. Verification of said program has been submitted to the CllYS.Risk Management. Coordinator. The CITY shall receive a thirty (30) calendar day written notice in event of any change In the current program having an effect upon the breadth Of coverage with respect to limitations and any variance with respect to limits of liability, if less than thoSe Indicated in the program submitted to the CITY'S Risk Manager. 9.02 UPON EXECUTION OF THIS AGREEMENT BY TENANT, TI-fE CITY OF BOYNTON BEACH SHALL BE NAMED AS AN ADDITIONAL INSURED P,t.S . ITS INTEREST MAY APPEAR wrrn RESPECT TO THE REQUIRED COVERAGES AND :THE OPERATIONS OF TtNANT UNDER THE AGREEMENT, Section 10. ASSIGN'ENT 10.01 This Agreement m8y not be sold, sUbleased: ~igOed ~i tranSferred at any time except to TENANrs principal. affiliates or subsidiaries or its principal, or to any company upon which TENANT is merged or consolidated. As to other parties, this Agreement may not be sold, subleased, assigned or transferred without the written consent of the CITY; such consent shall not be unreasonably withheld, This provision will not preclude TENANT from allowing other parties to co-Iocate on the Property to Tower. 80 long as this Agreement is In effect, the City consents in writing, and the co- located equipment does not interfere with existing equipment. ~ .a.,-" fl. I ... ....."'.... ,. ( ro. Section 11. COMPLIANCE WITH LAWS. 1 :1.01 TENANT shall comply with all statutes, laws, ordinances,. rules, regUI.ati m'ns and lawf. ul orders of the United States of America,. State of FlOrid. a, City of .Boyntor{ Beach, Palm Beach C()unty,. and of any other public autnQrity whid1 may be ....applicabie.'.. . . ..... . .. .. . ... . .. .:.. .. Section 12. GOVERNING LAW; VENUE 12.01 The validity, construction and effect of this Agreement Shall be governed by the I8ws of the State of Florida. 12.02 Any claim, objection or dispute arising out of the terms of this Agreement shall be litigated in the Fifteenth JUdlcial.Clrcuit in and for Palm. BeaCh bounty, Florida. Section 13. INSOLVENCY 13.01 In the event that either party shall become insolvent, make 8 general assignment for the benefit of creditors, suffer or permit the appointment of a receiver for Its bUsiness or its assets or shall avail itself of, or become subject to, any proceeding under the federal Bankruptcy Act or any other statute of any state relating to insolvency :or: the protection of rights of Creditors, or become subject to rehabil~ati.o~, then, at the . oPtion of the other party and. immediately upOn written not!ri8, this Agreement shall . . termiriateand be of no. further fOrce and effect. . . .. . . Section 14. ENTIRE AGREEMENT 14.01 This Agreement contains the entire understanding of the parties relating to the subject matter hereof, Sup8l"$edlng all prior communication between the parties, whether oral or written. This Agreement may not be altered, amended, modified or otherwise changed nor may any of the terms hereof be waived. except by a written Instrument executed by both parties. The failure of a party to seek redress for violation of or to insist on strict performance of any of the covenants of this Agreement shalf not be construed as a waiver or relinquishment for the future of any covenant. term, . ~ ~ition or electiol'l, but the same shall continue a:1d remain Infu~.kJrce.~rid effect. . . .' .Section 15. SEVERABIUTY 15.01 Should any part, term or provision of this Agreement be by the coLl'ts decided to be invalid, illegal or in conflict with any law of this State. the validity of the remaining to be invalid, illegal or in conflict with any Jaws of this Stale, the validity of the remaining to portions or provisions shall not be affected thereby. Section 16. NOTICES ~ oft, .' t .tt.i~'" 1 . . . c. (-. 16,01 All notices or other communications required by this Agreement shall be in writing and deemed delivered upon mailing by certified mail, return receipt requested, to the following persons and addresses: .. f.. CITY; City Manager . . . . . . City of Boynton Beach . P.O:Box 310 .. Boynton Beach, Florida 33068 WITH COpy TO: James A Cherof, City Attorney Joslas, Goren, Cherof, Doody & Ezral, P ,A. 3099 East Commercial Boulevard, Suite 200 Fort Lauderdale, Florida 33308 TENANT: Sprint Spectruc, loP., a Delware limited Partnership WITH COpy TO: MastrinalChristiansen Attorneys at Law 2750 North Federal Highway . F~ .l,.auderChiIe, FL33306 Section 17, OTHER PROVISIONS 17.01 Should the CITY, at any lime during the term of this Agreement. decide to sell all or part of the Property to a purchaser other than TENANT, such sale shall be under and subject to this Agreement and TENANT's rights hereunder, and any sale by the CITY of the portion of this Property underlying the right-()f-way herein granted shan be under and subject to the right of the TENANT in and to such right-of-way. 17.02 If the whole of the Property, or such portion thereof as will make the Property unusable for the purposes herein leased, are condemned by any.~egally . constitt4ed.al,flhority .for anY~bfic: use or purpose~ then in either of said event$.ttM;t .. term her.by.gra.nted shall ce$S~. ftom the time wben PbssesslOn th8re()fii ~fI by' .. public authorities, and rental shall be accounted for as between CITY and TENANT as of that date. Any lesser condeJmation shan in no way affect the respective rights and obligations of CIlY 8nd TENANT hereunder. Nothing irithis provision shalf be . construed to limit or affect TENANT's right to an award of compensation of any eminent domain proceeding for the taking of TENANT's leasehold interest hereunder. 17.03 City covenants that TENANT, on paying the rent and performing the covenants, shall peaceably and qUietly have, hold and enjoy the Property. ~ ,III. .ll' .........,..."... . r. c. 17.04 Attorneys" Fees. If any party obtains a judgement against any other party by reason of breach of this Agreement, the prevailing party shall be entitled to . reasonable attorneys" fees and costs, including paralegal costs, at both the trial and appetlaf levels. . , . . Section 18. . PUBUC.RECORDS '. . 18.01 CITY and TENANT agree thSt a copy of this Agreement shall be recorded . in the Public Records of Palm Beach County, Florida, upon execution of this Ag~t. The cost for recordatiOn shall be paid by the TENANT. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed, the day and year first above written. ATTEST: CITY OF BOYNTON BEACH, FL /nr::r~~ CIy~ ~~~~ I Approved as to Form: Mayor . . . ,. r;l/~~ CIIy AIIDIMy State of Florida County of Palm Beach The foregoing instrument was acknowledged before me. the undersigned Notary Public in and for the State of Florida. on this. the (ptJ. day o~. 1996, by - . G$rBId Taylor, ~SUO~~~ City Clerk and Mayor, respectively. ., frt.a~~~.+ ' .~' . .. ~ .'. .... iftl' -, .' (' r. \~: I NOTARt PUBUC SEALot= OFFICi: ()(}tJJ~ dff~. NoMry PulIIic. ....._...... ..Q}'. .IIV. ~~~=:... -- . -.'. .. ,....211,1., . . . . . . .1llIIIEII....... Nllt~1C; Printed, typed or stamped name of Notary Public exactly as commissioned Individuals who signed are personally known: no identification produced TENANT ..>:.>:.~-:-:.:- o. . . .. . .. . .. . ':M:':-:-:' .. .. .. . . .. .. . .. .. .. - .. .. ........ - ... ..... . .. . .. . . .. .. .. <<.:..:.:.:.:.:. . .. .. ... .. .-. .. .. . . .. .. .. . . .. (Jlrint-J j/I( (fl. ~. / A (hrnh_,_ (prIIlt .> .BG8 Sfl\J./'r Sf~fr<<"rn 1-. P. Att~tedby: A).:L- ~~~ ~ Title: "1>-A..Df'""'""J .$tf# -,' Q.'''.l~ STATE OF FLORIDA. ) COUNTY OF Pain. B~n:~ttr ) ~~ I HEREBY CERTIFY that on this ~rYA= day of D db '" eL ~, J qqt-ft before me personally appeared ""-~ oJ;-..;) L. L"i-f/.e.. of PCS, to me personally known to be the eNS- '+- O,'I-roU, :D ~ ~...fc.(,. ~~~ TItle: E~, 'V ~s. ~...le.2."",",L . "',-. .. .' r- /,... 4, ,<' individual who executed the foregoing instrument and acknowledged before me that he executed the same for the purpOses therein expressed on behalf of pes. ~.f1 Jl:.?nd oIf~Wt of 11110 J.p. day of .. . . &~, G....J.-J~ _ Nay F'IIbk ~zJ-.Q, JQ,j.j ~ -). (pMt My Commission Expires: ,I Ufd..ooO "'&~'l4t. DEBRA ANN STEPPE 900182 .. ~ CQIMSSION#CC524148 ~I! 1bA' EXI'IIlES JAN 11.2000 Tower.1se ~1lF~ ReV. 5122196 6/4/96 ) .~ I~ ' - .. . (" f -*".,. BUr... - ... ..m.-"..J:IuoJ>'~ :if.,. ....IlI_~ _ma __ ....._ ___T .....___....Aft... ~ ~ 10 ftr: ~ ,. ..,....... __.,.. "..-..... . ....,... 9&1. -...8 ....... "rAl~. GlI.UlDIl . .........! ~ ~.. ~,,_. =....a-~_ _",.,. _.. --'::="-~':i"'''; ..._~ .. "'n.-==.'"'" -....- -=..=::J~t=.,-=~=- ua,,-.~-"" ~-"'~~:.:r."-~- --"z:.-;:::"~ " -. ...':t." .:a:iI;'.4Iiii:f _"'1:t."J'.......~~ .. 't.. _ ~ .~~Ii~-~::r~.._..__...~"'- _..~~..==~.,~.:It'..r:=t.C't.=.: ..::t: ~II..._"__.....~ Jr, .._..... ~"::':'~.U:"L-z.':t1...~-::=:.,\::;':.:.. -:.~ _of . ..~1tW ~.....l.t1~ ~ ~ 1;;:1 1!Z8 ~. 1"1 .. ,.,. a...l...I... .1...~ J. n 1'" '__ !tUb fJ:n .", ..... , .. II I..eJII....... u..it. t. .: " 1'>> ,_ ._" _'" CI"" ........ . ~~;z 1m _" i.a.. ~ ..., w'''"., n_ I 12 ., _~l." ~u. . ~;~ll Uilf lat.. n ... :) kcL.....1 .,.e. ".cl 1 It =-, lU) .........!IA .U1. 1"'17 I'" ~ &,.U S .. . ....a....... II... t a.:: " Ann u" _ UU. U'"fl u:. .... It '- ., lAel..U.... _1... 2 U :, .,:" If)) I 'hM1.... .w. ....n sr.. ..... , .. , "'.18.&.... ..a.~ , u .. "'JI .,)) ~---~ 111'-1e .~:; 'U' i.. 041'. ClI...,. tU10 ,. '''J .J:lI '9)' UI ~I. ....PIT IIIU. ~1- lfJJ :J~" 1f:7 a,... .. .. 1,2.111 .. 1-.0. 'M" 1uJ....art. f! un .., 1.*" I., .. 1-'. ..... ..... u..,.... , ...., n>> L." Z:. " ... ,_. e........ .,... l~ \~ . . -..-: -.:..~ .:-.- ".!_-' ~ ." ;. .' . ,'." . , "H:.: o. (~ ('. ~_...., . ..:~..'C..'::--:" .. ".~'''.. .. ~ :" " . ;": .J. z"...: _ . " ..JNO ..6?9 . "'':.~i:-:'''=~~'tt:::=:-..~~''''-=:,~~ ~..- =_..~--............._..=........_- ~r.-__....~~.!!!.... :.:.~l;==.:=t'=...--- AI'I'D.a&LUlm..""'..........,.!:;.... II _ _.. _.. ~_ _iir_ _..__........,_ ......____..._..., --- ...-.---..- ----......-- --.....- --... . 'I'D~""~-="!._:n.=__.n=:_~:~~~--~ .,.=~~~==-....~~~'=t.:"-=~~ . -=:~--..-........ -"'..~.......('..., ~~~:'I""iQ" , ..... liB. . . ~.... J.'.. ~ ft.~-n,. :'~~i .. ..... .. .,.' """ . . . ..:;:-.. ~-''!. .. ..' ,,,"~~. . .:~.~~~.~: ~- - .. - . - ~.. . - ;~i;~ ;~.~~f~...~.; . ..... - - - ....... ----. - ..,;,;;..----.- = ...~.::....:=...-.'--- . ..~.. :~... - ,...__...~~.~ u ..;&- .,1... __"IJ.,..I ...~,.~t'. ~.._ ---.....-..-..~ -- --....-. ~ -. :.::~ ;~~. - .; .:. '." . . . .it':llif.;. -:~ ' ",\,,~... ~t:"...i"...... . , ) - - ....... ;.,: " \ , ~ / ij. I: :'H... " .; . . . ': ADDENDUM TO PeS SITE AGREF.MENT Site Name: qrY OF BOYNTON BEACH Site ID: MIA 9504 ..!~~~.~.:.~~~T.~ (3~O Miner Road. BOyntonB~Gh, FL33436).. .. ..._~, ... . ... nnS.ADDENPUM modifies aad airiends the I'CS Site ~t referred to bercin ufoDows:. 1. personal Property, Real Estate ud ~le Taxes: SSLP will pay'a11 personal property and intangible taxeS levied or assessed on the PCS system. SSLP win pay any increase in Owner'. real estate taxes directly attributable to the PCS installation. 2. Rent: Notwithstanding anything to the contrarY contained herein, rent will commence on the Rent Start Date. !lent will be paid annually in advance on the !lent Stm Date and on each anniverSary of it. The Rent Start Date sball be the earlier of <a) the elate which is 30 days after the issuance of a building permit tor installation of the PCS, or (b) the first day of the month following commencement ofphysic:al preparation of tile Site. The annual rent wiD be 512.500. partial years to be pro-rated. 2.a Upon the issuance of a Certificate of Occupancy by Ct1'Y for TENANTs ColJUl1UlliaLtiODS Facility, TENANT shall in lieu of making the payment of rent for the Initial five year temus provided hereinabove. TENANT shaD pay to CITY a one time lump sum payment of SEVENTY- FIVE tHOUSAND AND NO/tOO ($7S,OOO) DOu.ARS. This lump sum payment shall constitute the advance renta1pa}rmentby TENANT for the initial five year lease tenn... . . 3. CPI: 'The annual rent for each Renewal Tenn wiD be the annual rent in etfeet for the final year oftbe Initial Term or prior Renewal Term. as the case may be, increased by an amount based upon the Q1l1IU1ative percent increase of the CPl (Consumer Price Index: . U.S. City Averases for Urban Wage Earners and Clerical Workers - 1982-84 - 100. published by the United States Department of Labor. Bureau of Labor Statistics (or reasonable equivalent index if'such index is discontinued)) between the comrnencement of the Initial Term and the end of the Initial Term, or the commencement and end of the Renewal Tc:nn. as the ~ may be, such increase not to exceed 20 percent in any case. 4. Addendum Controls: In the.event of. conflict between PCS Site Agreement and this Addendum. this Addendum shalt control. . . . ( . .PCS ~..~ ui~: .. An ienniand con.didODSofthe ~S$ite' Agreerri~' . and ExIn"brts .thereto which are not inconsistent herewith remain in full force and .etfCct. . OWNER: CITY OF BOYNTON BEACH, FLORIDA By;A~t:: SSffax No. 59-6 100 East Boynton Beach ouIevard Boynton Beach. F10rida~~ ;/ DATE: fJl 1ft:;; / } ~ - " SM global signal Meeting needs. Exceeding expectations. June 9, 2005 Mike Rumpf P.O. 310 Boynton Beach, FL 33425 RE: Estoppel Certificate MI03XC076 & MI03XC072 Dear Mr. Rumpf: Enclosed for your review and signature, please find a revised Agreement Regarding Ground Lease. I have changed 3(a) from the original agreement as requested. In addition. upon the receipt of both agreements, signed and without any further modifications by June 24, 2005 Global Signal will send the City ten thousand $10,000.00 For your convenience, we have enclosed a pre-addressed and pre-paid Federal Express envelope. Please execute the enclosed Agreement and forward the same using the enclosed envelope or mail to: Global Signal Inc. (Project CL-EST) 301 North Cattlemen Road Suite 300 Sarasota, Florida 34232 Should you have any additional questions, please do not hesitate to contact me directly at (941) 309-1624. Thank you for your cooperation with this matter. We look forward to working with you in the future. Sincerely, ~~~ r r James L. McKinstry Global Signal Inc. P: (941) 309-1624 F: (941) 309-1524 E: jmckinstry@gsignal.com I, 301 North Cattlemen Road. Sarasota. FL. 34232.888.748.3482.941.364.8886. fax 941.364.8761 ~Sprint February 25, 2005 CITY OF BOYNTON BEACH 100 E BOYNTON BEACH BLVD BOYNTON BEACH, FL 33425 Re: Estoppel Certificate 3295-MI03XC076 Dear CITY OF BOYNTON BEACH: Sprint is excited to announce that it has recently entered into an agreement with Global Signal whereby Global Signal will sublease from Sprint its interest in the Lease with you and will manage the existing tower on Sprint's behalf. Accordingly, Global Signal will assume Sprint's obligations under the Lease. In connection with this transaction, it is important that Landlord and Sprint make certain acknowledgments with respect to certain matters in the Lease by executing the estoppel certificate enclosed herewith. Sprint has approved the form of the enclosed estoppel. Global Signal is one of the largest wireless communication tower owners in the United States based on the number of towers owned. We are confident that both you and Sprint will benefit from Global Signal's very substantial experience in operating and managing communications towers. For your convenience, we have enclosed a pre-addressed and pre-paid Federal Express envelope. Please execute the enclosed estoppel and forward the same using the enclosed envelope or mail to: Global Signal Inc. (Project CL-EST), 301 North Cattlemen Road Suite 300, Sarasota, Florida 34232 within the next week. Please call Global Signal if you need any assistance or have any questions regarding this matter. You can reach Global Signal's estoppel hotline by calling (888) 748-3482, extension 3590. Sprint has authorized Global Signal to act on its behalf in this regard. Sprint thanks you in advance for your cooperation and prompt attention to this important matter and looks forward to continued good relations with you. Very truly yours, c~~ !Enclosures c') ( .:-. n (")~ -r< -.~o r"") -oJ \'_.QJ r:";c.J ::;J _< :.:~z (i~ --t o :::l-.z: :::~~ r}~ f'\O ::;c -T1 rri t,r? 1'.,) \..0 ~ ~D C) ~"'. '" q~or),!~~ signal . '" r'" I ~~ " ,_'_I Jv \_\",N.qslqP(\~_ r'.mr Meeting needs. Exceeding expectations. i'i '_ , i] - I. ~ . . L I September 26, 2005 CITY OF BOYNTON BEACH 100 E BOYNTON BEACH BLVD BOYNTON BEACH, FL 33425 CERTIFIED MAIL- RETURN RECEIPT REQUESTED Re: Agreement Regarding Ground Lease by and between yourself, as Landlord, and Sprint (or its affiliates) Tower Site Name: MI03XC076 Dear CITY OF BOYNTON BEACH: Enclosed with this letter is a fully executed copy of the Agreement Regarding Ground Lease (hereinafter "Agreement") signed by you as Landlord with regard to the sublease by Global Signal, or its affiliates, of the tower facility owned by Sprint, or its affiliates referenced above. Pursuant to the specific provisions of the Agreement, please update your records to reflect that the notice address for the Leasehold Lender has changed and all future notices with respect to the Agreement should be sent as follows: Global Signal Acquisition II LLC 301 North Cattlemen Road Suite 300 Sarasota, FL 34232 Witb a copy to: Morgan Stanley Asset Funding, Inc., as Collateral Agent 1221 Avenue of the Americas 27th Floor New York, NY, 10020 Very truly yours, (Mh~ Keith Drucker, Vice President, Corporate Development Global Signal Enclosures Corporate Office 301 North Cattlemen Road Sarasota. FL 34232 T 941.3648886 F 941.364.8761 MI03XC076