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HomeMy WebLinkAboutDocumentation_Regular_Tab 21_04/14/2005 . � � � .• � .• . � • � . emo To: Mayor and Council From: Michael R. Couzzo, Jr., Village Manager �; ..--�`�. � ;/ _ _.. ..�..,.-_.-�.\ Date: 4/8/2005 Re: . Sprint's Request for Global Signal to Assume Sprint's Lease Obligation on the Existing Cell Tower Located on 901 Old Dixie Highway, Tequesta, Florida I am attaching, for your review and consideration, a request from Sprint for Global Signal to assume their obligations under the current lease with the Viflage of Tequesta. This matter is being forward to the Village Attorney for his review and recommendations pursuant to the lease of 9-28-2001. I have reviewed the lease and refer you to Article 14, Assignment. 1t is my interpretation, and I will confer with the Village Attorney, that the licensee may not sublet their right other than as provided. � I will provide additional inforrnation after reviewing this information with the Attorney. , 1 � • -� Sp�t� March 18 aoos Received PINR L � r. � t,.i� � Re: Estoppel Certificate Vi11��� i�q�''� �iff Dear Ladies and Gentlemen: Sprint is excited to announce that it has recently entered into an agreement with Global Signal where6y Global Signal will sublease from Sprint its interest in the Lease with you and will manage th� existing tower on SprinYs beKalf. Accordingly, Global Signal will assume Sprint's obligations under the Lease. ln 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 wiU 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 envelope. Please execute the enclos�d estoppel and forward the same using the enclosed envefope or mail to: Gtobal Signal Inc. (Project CL-EST), 301 North Cattlemen Road Suite 3Q0, Sarasota, Florida 34232 within the next week. Pfease 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. Sprirtt 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 fonnrard to continued good relations with you. Very truly yours, � /Enclosures Recording requested by and when recorded return to: Global Signal Inc. 301 North Cattleman Road Suite 300 Sarasota, FL 34232 Attn: General Counsel AGREEMENT REGARDING GROUND LEASE THIS AGREEMENT REGARDING GROUND LEASE (this "Agreement") is made as of , 2Q05, between the party identified as "Landlord" on the signature page hereof and SPRINT SPECTRUM REALTY COMPANY, L.P., a Delaware limited partnership ("Tenanf"). RECITAL5: A. Landlord and Tenant are now parties to that certain COMMUriICATIONS SITE LEASE AGREEMENT dated September 28, 2001, as memorialized by the MEMORANDiJ1VI OF PCS STI'E LICENSE AGREEMENT dated October 1, 2001 and recorded in Book 13099, Pages 732-735 in the Public Records of Palm Beach County, Florida, a copy of which is annexed hereto as Exhibit A(the "I.ease"), covering certain real property more particularly described on Exhibit A attached hereto (the "Propertv"); . 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 Tenant ("Tenant Affiliate"); 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 5ignal ("SubtenanY') 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: 1. Consent. To the extent any such consent is required by the Lease, Landlord hereby consents (a) to the assignment of the Lease from the original tenant under the Lease (an affiliate of Tenant) to Tenant, (b) to the acquisition by Tenant Affiliate (or any affiliate thereofj, directly or indirectly, of Tenant's interest in the Lease, (c) to the Sublease (and the recording of a memorandum of the Sublease) and (d) to the Lease and Lease Back Transaction. 1 2. Estopvel Certificate. Landlord certifies that (and Lender may rely on such `' representations) the following staternents 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 eifher 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. A�reement 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 without Landlord's further consent. (b).Landlord shall deliver to any Lender and Subtenant (in each case at such,address as sha11 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 sha11 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 ternunate, 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 other.wise 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 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 recards, 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 3D0, Sarasota, FL 34232, Attn: General Counsel; or to sueh 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 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 REALTY COMPANY, L.P., a Delaware limited. partnership By: . Name: Title: LANDLORD � , IN WTI'NESS WHEREOF, the undersigned, by its duly elected officer(s) and pursuant to proper authority of its board of directors has duly executed, acknowledged and delivered this instrument as its true act and deed. VILLAGE OF TEQUESTA, a Florida municipal corporation . By: Name: Title: EXHIBIT A Lease and Legal Description (see attached) — �1 . • � , ' � •� • COMMUNICATIpNS SITE LIC SE AGREEMENT Aprt194 Site �ame V[i.LACE O� TEQUESTA — WATEit TRF.�ITMEH'f PLAIYT Sitg I. D. MI 42XCfl5 Address an� �31d D{xfe Hiehwav. Tsoeata. FI, 334b9 / �,p� / This Communicado� Site License Agreement (Ground) ("Agreement") is entered into this�� clay of !- , 2001, between Village of Tequesta, a Florida municipal corporation with an office at 250 Tequesta Drive #300, Tequesta, florida 33469-0273 ("Licensor"), and' Sprint Spect:um L.P., a Delaware timited partr►ership, d/ts/a Sprint PCS with an address of 1357 Hembree, Suite 100, Roswell, GA 30076 ("Licensee"). For goad and valuable consideration the reeeipt and suf�icie�y of which is hereby acknowledged, the parties hereto �gree as follows: 1. Premises. Licensor is the owner of a 9.38 acre parcel of land (the "Laad") known as Tequesta Watac Treahnent Plan� 901 Dld Dixie Highway, Tequesta, FL 33469 located in Tec{uesta, Caunty of Palm Besch, S�ate of �lorida commonly known as the Vitlage of Taquesta. Liceasor licenses to Licensee, land consisting of approximately �j �OQ square feet upon which Licensee wilf conslruct its eqaipment base station and antenna structure, space nquired for cabte runs to connect PCS equipment and antennas in the location(s) ("Site"} shown on E:hibit A{legal description xnd site sketch), Exhibit A-1 {p6oto simulation o[ instaUstlon}; and Exfiibit B(engineering drawings prepared by ARCADIS, GERAGHTY & MILLER, wluch shall be replaced in the future by fnal apprnved constructiun drarvings or as-built drawings}, which Exhi'bits are attached heieto and made a part hereaf, together with a uan-exclusive easement for reasonable access thereto, and ta the apprnpriate, in the discretion of the Licensee, source of electric and telephone utilities. _ 2. Use. The Site may be used by Licensee for the installation, maintenance, operation, replacement, repair and removal of Liceusee's Faeilitias, as def►aed below, ineluding the transmission and reception of radia signals, subject to approva( by the Village CounciL� pursuant to Village Code, subsequent to a public hearing, and any other applicable approvals �e uired by the Tequesta Yillage Coda. . /�� f� , �' (.� 3. Tests and Construction. Licensee shall have ihe right at any time foliowing the full execution of this Agreement to enter upon the Land for the pwpose of making appropriate engineering and boundary surveys, inspections, soit test borings, other neasonably necessary tests and cons�ucting the Liceasee's Facilities (as defined in Paragraph 6(a} below). 4. Term. . The term of this Agreement shali be ten (10} yeacs commencing upon copstruction of Licepsee's Fac7ities ("Comrriencement Date"), unless otherwise ternunated as provided in Paragraph 10. Licensee shall have the right to extend the term for two {2} successive five (5) year periods {the "Renewal Terms"} on the same terms and conditions as set forth hecein. This Agreement shali automatically be extended for each successive Renewa( Tern�, unless Licensee notifies Licensor of its i�ention not to renew noC less than ainery (90) days prior w the expiration of the initial term or any r�newal term. 5. et�i . ' � i � (a) Upon execution o thi Agreeme t( e er ref ed to as the ("Commencement Date"}, Licensee will pay Licensor a one-time aggregate payment of One Hundred Dollars ($100.00}, the receipt of which Licensor hereby acknowledges. Thereafter, an the date of the issuanc�aannee of a building permit, the eMire amount of rent for the first five (5) year period which is Twenty Foar Tbousand Dollars ($24,000.00) annually, plus a three percent (3%) annual increase, shall be paid to the Licensor in the amount of �ne Hundred and Twenty Seven Tlwusand, Four Hundred and Nineteen Dollats and Thirty Cents (S12T,419.30), . which sum includes the entire amount of annual rent for the init'sal five (5) year period, plus the amount of the annual increase far the initiai five (5} year period. Rent shalt be payable w Liceasor at 250 Tequesta Drive, Suite 300, Tequesta, Florida 33469, 4tteniion: Village Manager. � • /� � CIibPDF - www.fastio.com - • � ', ' • . .. . (b) Following the termination of the initial five (S) year period of the license temz, the rent due hereunder will be paid in advance of each five (5) year period, and the rent shall be increased annually, and paid on each anniversary of the Commencement Date, to gn aneount eouat to the rreater af: (i) the amount of the rent payable during the preceding five (5) yeaz period i�reased by three percent (3%) annually with said amounts as fo(lows: SECOND S-YEAR PERIOD: S147,713.80 TNIRD S-YEAR PERIOD: 5171,240.80 : `d � �� �( FOURTH S-YEAR PERIOD: 5198,515.10 �����! ! � � ' .J ,( , / r� or, (ii�e percentag�hange in the C commencing on the first day of the month wluch is two calendar manths prior to the Commencement Date and ending on the last day of the month which is two calendar months prior ta the expiration af the then current five (5) year peripd. "CPI" means the Consumer Price Index-U.S. City Averages far Urban Wage Earners and Clerical Workers (1982-84=100) published by the Untied States Department of Labor, Bureau of Labor Statistics (ar reasonably equivalent 'nde,�c, j�,such index is discontinued). - �� "!i' � �� (c) Licensee shall�ha� ie exclusive right to collect a prti rata share of the development costs of the comman elements of the PCS faciiity, in the event that the Tflwer or common elements ane licensed by the �Giceasor to additionai liceiasees or tenants. "Common Elements" of the Licensee's PCS faciliry shatl include, but not be limited to, the ground ring, pad/foundation, fencing/enclosure, tawer/flagpole, site preparation costs (i.e.: engineering, surveying, enviroamenta) and other fees and cost for professional and other services) required for the development of the Common Elements of the PCS facility esca(ated at an annua! rate equal to the rate af escalation of the Agreement. Development Costs shatl nat include the casts associated with the instailation af equipment, imprnvements, fixtures, dishes, lights, switches, batteries, grids. antenna(s), lines, accessories, appurtenanees, or services necessary for the exclusive use by Licensee, its af�iliates, or assignees. Liceasee will provide Licensor with an itemized list af Develapment Casts. Licensor shall not authorize any third party to begin instal(ation of its equipment on the Common Ele�nts of the PCS facility unless and until, the third parry has paid Licensee in full, its required pro-rata share of the Development Costs. (d) Licensor shall have the exclusive right to license additional space an the Tower to third parry calocators and cottect the rent therefrom, subjecc ta the• provisions of this Agreement in general, and the provisians pertaining to interference as set facth in Paragraph 7 herein and the payment of the pro-rata share of the Development Costs as provided in this Paragraph. 6. Facillties: Utilities: Access. (a) Liceasee shall enect, maintain and aperate on the Site, a telecomrnunicatians facilities, including without limitation, an antenna pole (`Tower") and foundation, utility lines, transrnission lines, electronic equipment, radio transmitting and receiving antennas, supporting equipment and sauctures thereto (cutlectively referred to herein as "Licensee's Facilities"), all as approved on Ezhiblt �, attached hereto and as may be modified through the Licensor's zoning and site plan approval process. �Licensee has the right w do all work necessary to prepare, maintain and alter the Site for Liceasee's business operations and in acco�+dance with appcnvals by the Licensor ta install aansmission lines connecting the anteanas to the transmitters and neceivers. All of Liceasee's canst�ucdon and installation work shalt be performed at Licensee's sote cast and expease and in a good aad workmanlike manner. Title to the Licensee's Faeilities sl�all be he{d by Liceasee. All of Licensee's Facilities shall remain Licensee's personal prnperty and are not fixtures. Licensee has the right to and shall remove ail Licensee's Facilities, at its sole expense on or before the expiration or earlier ternvnation of the Agreement; provided, Licensee repairs any damage to the Site caused hy such r+emoval. Should Licensee fail to remove Licensee Facilities from the Land within sixty (60) days of termination or earlier expiradon uf the Agreement, Licensor may remove and store Licensee Facilities ai Licensee's sote cost and expense. If Licensee does not claim Licensee's Facilities, and provided that Licensor has given L►censee and any third party financing entity sixty (60) days prior written notice, the Licensee's Facilities shall be deemed abandoned. Upon ezpiration or earlier ternvnation af the Agreement, such ternunatian resu(ting through no fault of Licensor, Licensee, at the Licensor's sule discretion, shall �nsfer full, marketable tide for the Tower and the Commnn Elements as defined herein, free and clear of any claim by the Licensee or any third party, to Licensor without charge. tn the event that the Site is abandoned by Licensee, Licensor shall have the right to transfer and canvey marketable title tu the Tower and the Common Elements, free and clear of any claim by Licepsee or any third party. /� � CIibPDF - www.fastio.com � - (6) Licensee shall pay for the dectriciry it consumes in its operarions at the rate charged by the servicing utility com�any. Licensee shall have the night w draw electricity and other utilides on the Land by obtaining separate utility senrice from any utility corr�pany that will pravide service w t1u Land (including a standby power generator for Liceasee's exclusive use). Licensor agnes to sign such documents or easements as may be rcquired by said utility companies to provide such service on the Site, inctuding the gant to Licensee or to the semeing utility company at no cast to the Liceasee, of an easement in, over acrass or through the Land as nquired by such servieing utility company W provide utility services as provided herein. Any easa�nt necessary for such power or ather ualities will be at a location acceptable to Licensar and tl�e servicing utility company. {c) Licensee, Licensee's employees, agents, subcaatractors, lenders and invitees shalt have access to the Sioe without nadce to Licensor twenty-four (24) hours a day, seven (7) days a week, at na charge, subject w said acEiviEies not interfering with acEivities of the Licensor on the Site. Licensor grants ta Licensee, and its agents, emplayees, contractors, guests and invitees, a non- exelusive right and easement for pedesirian and vehicular ing�ss aixi egress across that portian of the Land described in Ezhibit B. {d) Licensor shall maintain all access raadways &om the nearest public roadway to the Site in a manner su�cient w allow pedestrian and vehicular access at all Eimes under narmal weather conditions. Liceasee shall be responsible for npairing any damages it causes, at its sale expense, except for any damage caused by Licensnr's use of such roadways. (e) Prior to commencing construction or modifications of the Licensee's Facilities, ather than routine maintenance or the reptacement af like equipment, Licensee shalt obtain alT required Governmental Appmvals. it is Licensee's sole respansibility Eo obtain, at Licensee's sale cost and expense, any and all permits, licenses, and approvals from local, state or federal govenunental authorities as requic�ed by !aw for the construction and opera6on of the Licensee's Facilities (collectively, the "Governmentat Approvals"). Licensor agrees to reasonably cooperate with Licensee, at na additional cost to the Licensee, and w execute such documents reasonahly required to obtain the Governmentat Approvals. Liceasee shall install and maintain, at its sole axpeose, alt landscaping as required and approved by the Viilage of Tequesta. This Agneement does not constitute an abrogaEion of Licensor's governmental regulatory tand development powers. 7. Interference. {a) Licensee shall aperete the Licensee's Facilities in a manner that will not cause interference to Licensor and othet licensees of the Land, provided that their installa6ons predaEe that of the Licensee's Facilities. All operations by Licensee shall be in compliance with all Federal Communications Commission {"FCC") requirements. (b) Subsequent to the installation of the Licensee's Facilities, Licensor shall not permit itself, its licensees to install new equipment on the Site, Land or property contiguous thereto awned or controtled by Licensor, if such equipment rvilt cause inEerference with Licensee's operations. Such interferenee shall be deemed a. meterial breach by Licensor. In tlu event interference occurs, Licensor agrees to take all reasonable steps nectssary w eGminate such interference, in a reasonahle time period. 8. Taxes. lf personal property taxes are assessed, Licensee st►all pay any portion of such taxes direcdy attributable to the Liceasee's FaciliEies. Licensor shall pay all real praperty taxes, assessmenis and deferred taxes on the Land. Licensee shall reimbutse Licensor for any increase in real estAte taxes directly arin'butable to Licensee's Facilities within sixty (60) days of ceceipt fram Licensor of suf�"icient documentation from the taxing authority indicating the uecrease is due to Licensee's improvements. 9. Waiver of Licensar's Lien. Liceasor waives any lien rights it may have ca�erning the Licensee's FaciliEies, which are deemed Licensee's personal properry . and not fixtures, and Licensee has the right ta remove the same at any time without Licensor's consent. 10. Terminatlon. This Agrsement may be tersninated withaut fiuther liability on thirty {30) days prior written notice as follows: (i) by either party upan a default af any covenant or tetm hereaf by the other party, which default is not cured within sixty (bp) days of ceceipt of wtitten notice of default, provided that the grace period for any monetary default is ten (10) days from receipt of notice; or (ii) by Licensee for any nason or for no reason, provided Licensee detivers written notice of early termination w Licensor no later than thirry (30) days prior to the Commencement Date; or (iii) by Licensee if it does not obtain or maintain any license, permit or other �pproval necessary for the coastruction and operation af Licensee's Facilities; or (iv) by Liceasee if Licensee is unable�to occupy • and utilize the Site due W an action af the FCC, including without limitation, a talce back of channels or change in frequencies; or (v) by Licensee if Licensee detern�ines that the Site is not appropriate for its operations for economic or techaological�asoas, including, without limitation, signal interference. �� CIibPDF - www.fastio.com � . � . ' � , . - � , I1. Destrueteon or Condemnation. If the Site or Licensee's Faciliaes are damaged, destroyed, condemned or traasferred in lieu of condemnation, Licet�see may etect to terminate this Agreement as of the date of the damage, destructioq condemnation or transfer in lieu of condem�at�n by giviag notice to Licensor no more than forry-five {4S) days foitowing the date of such daarage, destraction, condeauQation or daasfer in - lieu of condemnation. If Licensee chooses not w tern�in$te this Agreement, Rent shatl be reduced or abated in pcoportion to the actual reduction or abatement of use of the Site. 12. Insurnnce. Licensee, at Licensee's sole cost and expense, shall procure and maintain an the .Site and on the Licensee's Facilities, bodily injury and pmperty damage iasuiance with a combined single lu�nit of at least Two Million and 40it00 Dollars (S2,OOO,U00.00) per occwrence. Such insurance shall insun, on an occurre�e basis, against all liabiliry of Licensee, its employees and agents arising out of or in connection with Licensee's use of the Site, all as pruvided for henin. Liceasor shall be named as an additioiml iasured on Licensee's policy. Licensee shal! pmvide to Licensor a certificate of insurance evidencing the coverage required by this paragraph within thirty {30) days of the Commencement Date. 13. Waivero[Subroeat�n. Liceasor and Licensee release each other and their respective principals, employees, representatives and agents, from any claims for damage to any person or ro the Site or w tt� Licensee's Facilities thereon caused by, or that result from, risks insund against under any insurance policies carried by the parties and in force at the time of any such damage. Licensar and Licensee shall cause each insurance policy obtained by them w pravide that the insurance company waives all right of recovery by way of subragation agaiust the other in connection with any damage coverod by any policy. Neither Licensor nor Lieensee shall be liable to the other for any damage caused by fire or any of the risks insured against rmder any insurance policy requi�ed by Paragraph 12. 14. Assi�nmenw � Licensee may not sublet, or oeherwise transfer ali or any part of its interest in this Agreement or in the Site; provided, hawever, that Licensee may assign its interast to its parent company, any subsidiary or affiliate of it or its parent cor�any or to any successor-in- inte�est or entity acql►iring fifty-one percent (S I%} or more of its stock or assets, subject to any financing enaty's interest, if any, in this Agreement as set forth in Paragraph 9 above. Licensor rrmy assign this Ag�ement upon written notice to Licensee, subject to the assignee assw�rung all of the Licensor's obligations herein, ineluding but not limited ta, those set forth in Paragraph 9{°Waiver of Licensac's Lien") above. This Agreement shall run with the properry aix! shall be binding upan and inure to the benefit of the parties, their r�spective successors, personai representatives, heirs and assigns. Notwithstanding anytlung to the contrary contained in this Agreement, Licensee may assign, martgage, pledge, hypothecate or othervvise traasfer withaut notice or consent its interest in this Agreement to any fu�ancing endty, or agent on behalf af any fiimncing enaty to whom Licensee (i) has obligations for borrowed money or in respect of guaranties theneof, (ii} has obligadons evidenced by bonds, debentures, notes or similar insWments, or (iii) has obtigatioas under or with respect to letters of credit, bankers acceptances and simitar facilities or in respect of guaranties thereof. Licensee may sublet, subject to amendment of the development arder for Licensee's Faciliry. 15. Warrantv o[ Title and Ouiet Eniovmen� Licensor warrants that: (i) Licensor awns the Land including the Site, in fee simple and has rights of access thersto a� the Land is free and clear of all liens, encumbrances and restricdons; {ii) Licensor has full right ta make and perform tuis Agreement; and (iiij Licepsor covenants and agrees with Licensee that upon Licensee paying the Rent and observing and pedorming all the tem�s, covenants and condidons on Licensee's part to be observed and perfarn�ed, Licensee may peacefully and quiedy enjoy the Site. , � y. �-,�� �,y 16. e airs. Licensee sha(1 be required to malce any repairs w the Site.dwring the License term that were not necessitated by the negGgence or willful misconduct of Licensor or its agents. Licensor shall not be responsible for the repair of damage caused by Lieensee to the Land. Except as set forth in Paragraph 6(a} above, upon expiration or terminaaon hereof, Liceasee shall restora the Site w the :o�ition in which it existed upon execuaon heaeaf, reasonable wear and tear and loss by casualty or ather causes beyond iicensee's control excepted. � CIif�PDF - www.fastio.co►n � . - --- - � . � . ' 17. Hazardous Substan¢es. Licensee agrees that it will not use, generare, store or dispc}se of any Hazardous Material on, twder, about or within the Land in violation of any law or regulation. Licensar states that to the best of its la�owledge (1} that Licensor l�as not used, generated, stored or dispased af, or permitted the use, genecation, storage or disposal of, any Hazardous Material (defined below) on, under, about or within the Land in vialation of any law or rcgulatian, and (2) that Licensor will not, and wtll not perm'tt any thitd party ta use, generate, store or dispose of any Hazardous Material on, under, about or witl�iui the Land in violation of any law or regulation. Licen4ee shall procure the perfarn�ance of a Phase I environmental assessaunt for the Site, and shali provide a eopy of the environmental assessment repart ta Licensor, the parties hereby agcee thet the results of the report shall be determinative of any p�e-existing/existing contaminarion or presen�e of any hazardous materials on the Site. As used in this paragraph, "Hazardaus Material" shali meaa petroleum or any petroleum product, as6estos, any substance Irnown by the state in which tlu Land is Iocated to ceuse cancer and/or reproductive toxicity, and/or any substance, chemicat or waste that is identifed as hazardous, toxic or dangemus in any applicable federal, state or local vw or rogulatian. 18. Liabilitv And Indemnitv. Licensee and I,icensor e�h indemnifies the other against and hatds the other hanriless from any and all costs (including reasonable attameys' fees} and claims of liahility or lass which arise out of the owciership, use or occupancy of the Site by the i�emnifying party, provided however that nathing set forth herein shall be caasidered or conswed as a waiver of Licensor's sovereign immunity protections and the iimitations of tiability set forth in Section T68.28, Florida Statutes, as amended from time to time. This indemnity does nat apply to any claims arising aut of the sole negligence or intentional misconduct af the indemnified party. 'The duties described in Paragraph 18 survive termination of this Agreement. 19. Misceqaneous. (a} This Agreement consritutes the enti� agreement and understanding between the pardies, and supersedes all o�'ers, negotiations and other agreements concerning the subject matter contained herein. Any amendments to this Agreemem must be in writing and executed by both parties. (b) If any provision of this Ag�ement is invalid or unenfarceable with respect to any party, the c�mainder of this Agreertunt or the application of such provision ta pecsons ather than those as ta wham it is held invalid or unenfarceable, shall not be at�'ected and each provision of this Agreement shall be vatid and eaforceable to the fullest extent permitted by law. (c) This Agreement shall be 6inding an and inure to the beneFt of the heirs, successors, administrators and assignees of the respecrive parties. (d) Any notice or domand r�quired to be given herein shali be made by certified or registe�d mail, return ceceipt requested, or reliable ovemight courier to the address of the respective parties set forth below: Lfcensor: ViUage af Tequcsta Licensee: Sprint PCS License Management Village Manager South East Region 250 Tequesta Drive Suite 300 1357 Hembree, Suite l00 Tequesta, Fl. 33469-0273 Raswell, GA 30076 . Witd a copy to: Spriat Law Deparmunt Attn: Real Estate Attarney 6391 Sprint Patkvray Mailstop KSOPHTO101-Z2020 Overland Park, KS 66252-2020 Licensur or Licensee may &am time to time designate any ather address for this purpose by written notice to the other party. All notices heretsnder shall be deemed received upon actual receipt. (e} This Agreement sha[I be governed by the laws of the State of Florida. �� CIibPDF - www.fastio.com •{� Licensor acknowledges that a Memorandum of Agreement in the form attached hereto as Exhibit C will be recocded by Licensee in the ofFcial cecocds of the County where the Land is located. In the event the Land is encumbered by a mortgage or deed of tivst, Licensor agrees to obtain and furnish to Licensee a Non-Disturbance and Attornment instrument for aach such martgage ar deed of trust and that Licensee, at its sole cost and expense, shap record a release of such Memorandum of Agreement upon expiration or earlier terminatian hereof. (g) Licensee may obtain dtle insurance on its intecest in the Land. Licensor shall cooperate by executing documentation cequired by the titie insurance campany. {h} In any case where the approval or consent of one party herato is required, requested or otherwise to be given under tbis Agreement, such party shall not unreasonably delay or withhold its approval or consent. (i} All Riders and Exhibits annexed heceto form material parts of this Agreement. The foilowing Exhibits are attached w, and made a part of this Agreement: Ezhibit A: I,egal description and Sioe sketch; Exhiblt A-1: Photo simulstion of installation; Exlubit B: Engineering drawings prepac�ed by ARCADIS, GERAGHTY & MILLER; Exh�bit C: Memorandum of PCS Site License Agreement (j) This Agreement may be executed in duplicate countecgarts, each of which shall be deemed an original (k). The pc�evailing party in any action or proceeding in court or mutuaity agreed upon arbitration proceeding to enforce the tem�s of this Agreement, is entitled to receive its reasonable attorney's fees and other ceasonable enforcement costs and expenses from the non-prevaiting }�arty. IN WITNESS WHEREOF, the parties have executed this Agceement as of We date first above written. LICENSOR: Signed, sealed and deliveced in the presence of: Village of Tequesta • a Florida unicipal corpocation gy; �/R.ce�.c.,..a�� o Witness Print N , rr Print Name• yi.d�....L ��S i ' � Title: �`�v1°� Witness: Print Name: Attest: - Village Clerk Federal Tax ID#: � r �`� �'`'' " ' STATE OF FLORIDA CQUNTY OF PALM BEACH � Th fo in �'nc nt w�� acknowledged befac�e me tl�is �" day of l� �� �N -(X!� as Mayor o4 Village of Tequesta, a Florida municipal eorporation, h�s ersona own t r wha has produced as identificetion aad who did (di m tske aa ���t111t SS m i' I 1 : 1 � ``\` ���'� Y � `N.�'� SiON � . i � � ` �• �� � �� � :.� '`' : : S ;� Z�N: N � ]Q/) S * i ��• i + (({n j �� : #GC863 : a= $°� :�, : Q� Print Name �'i�9�••;h�� .: � c N�� My commission axpires: � �I �3 �"'''��i�'�„� � ���'°�� (SIGIYATURES CONTINUED ON F'OLLOWING PAGE) �� � CIibPDF - www.fastio.com LICENSEE: Signcd, seakd and delivcrcd in thc presencc of: Sprint Spcc�um L.P., a Dclawarc limitcd parmcrship dib/a Spcint PCS �. , "'� � `' h sy: : w���� .._— . . . �5 W G���u� r�.►c rr�: ..1-r�n+ 1� tt�a�e. P�� rra�: ..��1'✓� T�t��: S�. iur�c� j 1712r.,�r � � witness �J� , Print Name: /""X�� � 1� S�i�r¢c,J • STATE OF �E /�I COUNTY OP �L`fOnl Thc foiego' g ins nt s acknowledgcd bcfotc me tt '�day of !� vLy , 2001, by �,.,�c6,�[ � �?�,c�r as � of Sprint Spec�um L.P. a Delaware limited parqurship who is personally lrnown to me or who has produced as identification and who did {did not) takc an oath. WITNESS my hand and of�icial seal. Notary Pu - ' (J�(k1�.S. �vS'7i+-"v. , Print Name My commission cxpires: � Mr.�i'ia ep� GIibPDF - www.fastio.com � � EXHIBIT A SITE DESCRIPTION Site situatcd in the Villagc of Teqaesta, County of Palm Bcach, Statc of Florida, and County of Palm Boach, commonly described as follows: � I,egal Description: Sketch of Sitc: Licensor Ini ' Licensce Initial CIibPDF - www.fastio.com EXHIBIT •`A► A b0.00 FOOT BY 40.00 FOOT PARCEL OF LAND LY1NG IN SECTION 30, TOWNSHIP 54 SOUTH, RANGE 40 EAST, BEING A PART OF THE VILLAGE OF TEQUESTA BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SOUTHEAST CORNER OF THE NORTHWEST ONE-QUARTER (NW %.) OF THE NORTHWEST ONE-QUARTER (NW %4} OF SAID SECTION 30; THENCE NORTH 00 09'S7" W ALONG THE EAST LINE OF SAID NW '/. OF THE NW %4, A DISTANCE OF 553.b3 FEET; THENCE SOUTH 52 34'OS" WEST, A DISTANCE OF 229.81 FEET TO THE POINT OF BEGINNING OF THE SPRINT PCS LEASE AREA; THENCE CONTIlWE SOUTH 52 34'OS" WEST, A DISTANCE OF 40.00 FEET; THENCE NORTH 35 32'S6" WEST, A DISTANCE OF 60.Q0 FEET; THENCE N�RTH 52 34'OS" EAST, A DISTANCE OF 40.00 FEET; THENCE SOUTH 35 32'S6" EAST, A DISTANCE OF 60.00 FEET TO THE POINT OF BEGINNING. CONTAINING 2,400 SQUARE FEET, MORE OR LESS. CIibPQF - www.fastio.com _ — .w � � � � , = ��. . t��„�r .,, ; . EXHIBIT B � •.4^: ENGINEERING DRAWINGS � � I ,.,, - See attached drawings prepared by ARCADIS, GERAGHTY & M[1,LER, and Dnted 7, 2001. y, , j �S� 1 i Y � # • Al � � e .i`�. �� � , �.'. � �y� •' � ��: � ,.: �:� f, d 1 -,' �/ � . i/ CIibPDF - www.fastio.com _ � _ � m�,� , -w -,� � �`°�a-�._ r „�,, � .,_.� _._.�.._ � � ��"j � � � '���' � � � �....�. _ _ __�- �.�.: f .. 1 ! � i " 'a � � v "�, �'4°�..� r f : � ., .._ _ . ��,. ___ � I � I I , . - �. CG..U.; Y,R'S�LJ \ �.:;� �d� 1 - _ \ e?"" - �.. ; • * 02i �'d .`1NI1S X3 �a, 4 xrvv.� a�ldnn 2!t!3 �N Wdlflt7� JNl1S1 .:; ' . V � QtltQk� a3/\tld Jf�IlSIX3 �O 3�iS �llSOddO NQ � QNf10dW0� �N�( �lOdJt��i� �� � � _ � • 31od�v1� �_1--- �.0 a�s4dOLid � ' � � �• �� � M � 1��11111111111111�I � iiitgi2�t eG�ae:a6 �te��2t oa s�c �� s� e» . Palm Beach County, Florida ExxrsrT c PREPARED SY: Michael Christiansen Masfriana & Chrisdansen . 1500 N. Fedcral Highway Suite 200 Ft. Lauderdate, FL 33304 � RETURN TO: Michael Christiansen Mastriana & Christiansen 1500 N. Federal Highway Suite 200 F� I.auderdale, FL 33304 MEMORANDUM OF PC�,SITE LICENSE AGREEMENT � Site Narne: Tequesta Site Address: 901 Old Dine Highway, Tequesta, FL 33469 Site ID: Ml 4ZXCO57 This Memorandum of Agreement evidences that a communications Site License Agreement was made and eptered into by written Agreement datcd �itember 28. Z001 by and between Villagc of Tequesta, a Florida municipal corporarion, with an address at 2S0 TequesEa Drive, Suite 300, Vil}age of Teqaesta, , Tequesta, Ffocida 33469 (hereinaRer roferred to as "Licensor") and Sprrnt Spectrum L.P., a Delawarc limited patpiership, d/b!a Sprint PCS with an address of 1357 Hembree, Suite 100, Roswell, GA 30076 (hcreinafter referred to as "Licensee"). _ Such Agreerr�ent provedes in part that Licensor licenses to Licensee a cecisin site ("Site") located at 401 Otd Dixie Highwsy, Village of Tequesta County of Palm Beach, State of Florida within the property of the Licensor, w}uch is described in Ezhibit A attached hereto, with� a grant of easement rights far unrestricted rights of access thereto, and to electric and telephone utilities for a term of tea (10) years commeneing on September 28, 200 i, which term is subject to two (2) additional successive five (5) year extension periods by Lecensee. 10_ j- �1 IN WIITTESS WHEREOF, the parties have executed this Memorandum af Agreerneqt as of the day and year first abov written. LICENSOR; Signed, sesled and delivered in the presence of: Village of Tequesta a Florida municipal corporation . •� � � By � � Witn ' • c Name: �� •� �/ Priut xame: . tZJ� �.r - �' Title• •'� C a�-- ' t Name: . Attest: �� Village Cleric � . �,� � !� � �- r CIibPDF - www.f�stio.com : . , . . BOqt �99 PA6E 8733 ; STATE OF FLORIDA COUNTY OF PALM BEACH /,� ��° - The foregoing instrumeat was acknowlcdged beforc me this r da of 2001, by Vivage of Tequesta, a Florida municipal corporation, ho is rsonall own o me or who `has produccd as identificaqon aad who did ( d not) e an oath. W SS my o' 1 scal \` ��,���N ��ROSF�,,��� �� Q� .•...... i �� y3�.•' SION �'�� ��. . � � F.�. � .� . �c,�s� � .��sg• � � N 11 /�. ' �*:� •�• Fn il�J � _�: #GC8631 �o� : Pru�t Name �y'•.� �ea �.;�,�Q: ' My comcnission expires: � ' " � '','9 ���1/�l C j'I�j S jf i� O`\`\`, (SIGNATURES CONTINUED ON FOLLOWING PAGE) CIibPDF - www.fastio.com � � �� � e�3o � , ; .. .�,� LICENSEE; Signe sealed and detivered in the presence af Sprint Spectnun L.P., a Delaware limited parlhers ' , dib/a Sprint PCS By: •� �t �: �-cu,�.r r� pri ��-��.,�.� G...) �r���� . Title: �� S t C�_ �� .�� � 1'b C� � W imess Print Name: . STATB UF �G�3�Zlo /!'� courrrY o� �v� �Zn�/ . The fo going ins nt was acknowledged fore me this ! day of V�lll3 C�L , 200 t, by �� (i(/, 'Lw� , as ��Z�.'J�t Sprint Spectcum L.P., a Delaware lunited parmership, diWa Sprint PCS who is personally known to me or who has produced as identificarion and who did (did not) takaan oath. • ;; "'�'' �.: " , ,� • ,:. �,-� : .,. , ,. - : . .' . WITNESS my hand and otl5cial seal. •�.'!; r���,r'� ��' ; �"y��n f ,��,%;�; ; ,. � 4 . .. r"' ; r.� d�ll:�. ' • �. .t,�: Lil 4 • '� ���� s �� t N•r, �� 1 �� a: �,•, ��+. /���Gti� , . '` j , . . �'Ef� �,�' . a � : N �i ' �,.'� ., �.. �. ,i �� "J : i � . ' �K: t'' �. • •: Notary Public ' ; � �; ti � � ;; ' ; tj y.� s7� y.,� •� :: z� ,;�J1 l�s�� �.� .. Print Name "�"`�--�1 . �, : � � M : ' F ��,,'i��a•1�+� �•'�: : My commission expires: /� C1 • ,�s �''' ' , .; ,,,, . : �� , �''.y��3 '''�,.,.••' , •• `�`• . '�f�'�`�'t+:lS..'.tsi��i��t . , , . , • . ;� . ' � ' CIibPDF - www.fastio.com s BOOF� � 'i099 PA6E 8735 , 1 ., ..� . � EXHIBIT "A" A b0.00 FOOT BY 40.OU FOOT PARCEL OF LAND LYIl�iG IN SECTION 30, TOWNSHIP 54 SOUTH, RANGE 40 EAST, BEING A PART OF THE VII.LAGE OF TEQUESTA BEIlVG MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENC� AT THE SOUTHEAST CORNER OF THE NORTHWEST ONE-QUARTER (NW '/,) OF THE NORTHWE$T ONE-QUARTER (NW '/,) OF SAID SECTION 34; THENCE NORTH 00 09'S7" W ALONG THE EAST LINE OF SAID NW '/, OF THE NW %4, A DISTANCE OF 553.63 FEET; THENCE SOUTH 52 34'OS" WEST, A DISTANCE �F 229.81 FEET TO THE POINT OF BEGINNING OF THE SPRINT PCS LEASE AREA; THENCE CONTIN(.JE SOUTH 52 34'05" WEST, A DISTANCE �F 40.00 FEET; THENCE NORTH 35 32'S6" WEST, A DISTANCE OF 60.00 FEET; THENCE NORTH S2 34'OS" EAST, A DISTANCE OF 40.00 FEET; THENCE SflUTH 35 3Y56" EAST, A DISTANCE OF 60.00 FEET T4 THE POINT OF BEGII�TNING. CONTAINING 2,400 SQUARE FEET, MORE OR LESS. CIibPDF - www.fastio.com