Title
Sheriff’s Office recommending the Board approve and authorize the Chair to continue perpetual agreement 356-O0010 with Global Tower Assets III, LLC with an annual rental increase of 3% and utility charges which result in a total estimated cost of $7,000 for the term November 1, 2017 through October 31, 2018.
FUNDING: General Fund.
Body
DEPARTMENT RECOMMENDATION
The Sheriff's Office is recommending extending the perpetual contract for an additional year. This will allow the Sheriff's Office to continue its non-exclusive right to install, maintain, operate and remove radio communication equipment on the tower at Genoa Peak in Carson City, Nevada from November 1, 2017 to October 31, 2018 with a 3% increase in compensation and utility charges for an estimated cost of $7,000.
DISCUSSION / BACKGROUND
On November 1, 1999, the Board entered into Agreement 356-O0010 with Spectrum Resources Towers, L.P. for non-exclusive rights to install, maintain, operate and remove radio communication equipment and appurtenances on the tower located at Genoa Peak Site in Carson City, Nevada.
On May 9, 2006, the Board signed Amendment I to Tower Lease Agreement 356-O0010 with Global Tower LLC, changing the name of the Owner from Spectrum Resources Towers, L.P to Global Tower LLC.
On November 4, 2014 Amendment II was approved, changing the company name to GTP Acquisition Partners III, LLC.
On December 8, 2015 Amendment III was signed changing the name to Global Tower Assets III, LLC.
The perpetual agreement with Global Tower Assets III, LLC ends on October 31, 2017, and needs to be renewed for another annual term. The compensation for the agreement increases by 3% each year, and $95 for utilities for an estimated cost of $7,000 from November 1, 2017 to October 31, 2018.
ALTERNATIVES
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
CAO RECOMMENDATION
Approve as recommended.
FINANCIAL IMPACT
There is no Net County Cost impact. The costs have been budgeted in th...
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