Presenter/Contact
Presenter
Matthew Eckmann, Facilities and Real Estate Manager
Contact Info
(830) 221-4089 - meckmann@nbtexas.org
Subject Header
SUBJECT:
Title
Approval of a lease agreement between the City of New Braunfels and Cellco Partnership d/b/a Verizon Wireless for the installation and operation of Small Cell equipment on the property described as 105.821 acres out of the JM Veramendi Survey No. 1, Abstract No. 2, addressed as 115 Elizabeth Ave, New Braunfels, Comal County, Texas.
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BACKGROUND / RATIONALE:
The City has been approached by Verizon Wireless to install small cell infrastructure within Landa Park to provide improved cellular coverage for park patrons as well patrons attending the annual Wurstfest festival.
Verizon will work with City Staff and contractors to locate the small cell equipment on a new light pole that will be installed in conjunction with the Elizabeth Avenue realignment project.
The term of the lease will be for five (5) years with two (2) additional five (5) year extensions.
This lease agreement also gives Verizon the rights to bring in their underground telecommunications infrastructure from the nearest right-of-way, Landa Park Drive.
ADDRESSES A NEED/ISSUE IN A CITY PLAN OR COUNCIL PRIORITY:
FISCAL IMPACT:
Annual rental under this lease is $1,800 for the initial term and $3,000 for the extension terms. Verizon will also compensate the City $360 annually for the use of electricity to power the equipment.
Recommendation
COMMITTEE RECOMMENDATION:
N/A
STAFF RECOMMENDATION:
Staff recommends approval.