Skip to main content
File #: 13-0728    Version: Name: Ordinance - Third and Final Reading of an Ordinance of the City of Mansfield, Texas, Authorizing a Lease Agreement with Dallas MTA, L.P. d/b/a Verizon Wireless and Directing and Authorizing the City Manager to Execute the Necessary Lease Documents
Type: Ordinance Status: Passed
File created: 10/21/2013 In control: City Council
On agenda: 11/11/2013 Final action: 11/25/2013
Title: Ordinance - Third and Final Reading of an Ordinance of the City of Mansfield, Texas, Authorizing a Lease Agreement with Dallas MTA, L.P. d/b/a Verizon Wireless and Directing and Authorizing the City Manager to Execute the Necessary Lease Documents
Sponsors: Joe Smolinski
Attachments: 1. Ordinance, 2. Debbie Lane Water Tower Lease Agreement - Final, 3. Exhibit A Premises
Title
Ordinance - Third and Final Reading of an Ordinance of the City of Mansfield, Texas, Authorizing a Lease Agreement with Dallas MTA, L.P. d/b/a Verizon Wireless and Directing and Authorizing the City Manager to Execute the Necessary Lease Documents
 
Requested Action
Adoption of attached ordinance.
 
Recommendation
Staff recommends that council adopt the attached ordinance.
 
Description/History
Verizon Wireless would like to lease space on top of the water tower located at 1220 East Debbie Lane (Debbie Tower). This is the tower that has the Mansfield Lady Tigers' basketball championship titles on it.
 
Justification
Space is available and Verizon has agreed to pay an annual lease payment to the City of $28,000.00 for the first year. Lease payments will increase by 3% every year.
 
Funding Source
n/a
 
Prepared By
Joe Smolinski, Director of Utilities, City of Mansfield
817-477-2248