Item 4C Approve Ground and Water Tower Leases for Bicentennial and Florence Water Towers with Clearwire

City of Southlake Strategy Map City of Southlake Strategy Map Live Our Core Values The City of Southlake provides municipal services that support the highest quality of life for our residents and businesses. We do this by delivering outstanding value and unrivaled quality in everything that we do. Fulfill Our Mission PromoteLearning and Growth ProvideFinancialStewardship Serve Our Customers C1 Achieve the highest standards of safety and security C3 Provide attractive and unique spaces for enjoyment of personal interests C4 Attract and keep top-tier businesses to drive a dynamic and sustainable economic environment C2 Provide travel convenience within city and region B5 Optimize use of technology B1 Implement and share best practices across all departments B3 Pursue innovative service delivery options B4 Provide high quality customer service B2 Collaborate with select partners to implement service solutions F1 Achieve competitive financial benchmarks F2 Maintain or improve AA bond rating F4 Maximize return on investments F3 Invest to provide and maintain high quality public assets Manage the Business Safety Mobility Infrastructure Performance Management Quality Partnerships and Security and Service Delivery Development and Volunteerism L2 Enhance leadership capabilities to deliver results L3 Attract, develop and retain a skilled workforce L1 Ensure our people understand the strategy and how they contribute to it L4 Recognize and reward high performers L5 Actively promote opportunities for partnerships and volunteer involvement (individual and group) Deliver on Our Focus Areas Integrity ● Innovation ● Accountability ● Commitment to Excellence ● Teamwork

Clearwire Background Information Headquartered in Kirkland, WA.Headquartered in Kirkland, WA. Building 1 st nationwide mobile internet network.Building 1 st nationwide mobile internet network. Offers 4G wireless internet – CLEAR TMOffers 4G wireless internet – CLEAR TM Investors include:Investors include: Sprint NextelSprint Nextel ComcastComcast Time WarnerTime Warner GoogleGoogle

Clearwire’s Nationwide Network

Proposed Equipment Add equipment to Bicentennial and Florence ESTsAdd equipment to Bicentennial and Florence ESTs Equipment consists of 3 panel antennas and 6 small microwave dishes per siteEquipment consists of 3 panel antennas and 6 small microwave dishes per site Panel antennas are 3.5 feet tallPanel antennas are 3.5 feet tall Microwave antennas are 15.3 inches in diameterMicrowave antennas are 15.3 inches in diameter Painted to match pedestalsPainted to match pedestals

Lease Terms Standard agreementStandard agreement 5 year term with 4 – 5 yr renewals5 year term with 4 – 5 yr renewals Initial rent $30,120 per year per leaseInitial rent $30,120 per year per lease 3% annual escalation clause3% annual escalation clause Revenue of $60,240 for the 1 st yearRevenue of $60,240 for the 1 st year Lease exhibit - construction plans include review changes by PW staff, Deltatek Engineering and LandmarkLease exhibit - construction plans include review changes by PW staff, Deltatek Engineering and Landmark

RECOMMENDATION Approve the two Ground and Water Tower Lease Agreements with Clearwire

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