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LEGISLATIVE RESEARCH CENTER
File #: 25-1109    Name:
Type: Consent Item Status: Agenda Ready
File created: 7/29/2025 In control: Broken Arrow City Council
On agenda: 8/19/2025 Final action:
Title: Approval of and authorization to execute a First Amendment for a 5 year extension on a Lease Agreement at Central Park with T-Mobile USA Tower LLC
Attachments: 1. T-Mobile Central Park 1st Amend Memo, 2. T-Mobile Central Park 1st Amend, 3. T-Mobile Central Park
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broken Arrow City Council

Meeting of: 08-19-2025

 

Title:

title

Approval of and authorization to execute a First Amendment for a 5 year extension on a Lease Agreement at Central Park with T-Mobile USA Tower LLC

End

 

Background:

Commencing on December 31, 2031, T-Mobile USA Tower LLC to utilize the cellular tower located at Central Park for an additional 5 years. Whereas the agreement currently in place is set to expire on December 31, 2031. Rent will be $1,800 per month and increase 15% immediately preceding each term. The lessor has the option to renew it for six additional five-year terms that would expire on December 31, 2061. The lessee will pay a one-time signing bonus of $20,000 within 60 days of the full execution of this amendment

 

Cost:                                                                $0

Funding Source:                     None required

Requested By:                      Scott Carr, Director of Information Technology

Approved By:                      City Manager’s Office

Attachments:                                          T-Mobile Central Park, T-Mobile Central Park 1st Amend, T-Mobile Central Park 1st Amend Memo

 

Recommendation:

recommend

Approve of and authorize the execution of the First Amendment for a five-year extension on Lease Agreement at Central Park with T-Mobile USA Tower LLC

end