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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />AGENDA CATEGORY: <br />Consent Agenda <br />AUGUST 20, 2018 <br />6:30 P.M. <br />SUBJECT: <br />County Manager - AT&T/New Cingular Wireless Lease Extension <br />BRIEF SUMMARY: <br />AT&T/New Cingular has proposed a lease extension for their equipment <br />located at and on the Mt. Pleasant Communications Tower. Their current <br />lease is in a renewal period that began in July 2017 and expires in July <br />2022. They are proposing that the current extension be included in this <br />new lease plus three additional 5 year terms. The new lease would extend <br />to 2037 and include a 10% payment escalation at each 5 year renewal. <br />REQUESTED ACTION: <br />Motion to adopt the resolution approving a lease between Cabarrus <br />County and AT&T/New Cingular Wireless with authorization for the <br />County Manager to execute the lease on behalf of Cabarrus County <br />subject to review and revisions by the County Attorney. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Jonathan B. Marshall, Deputy County Manager <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />F-9 Page 87 <br />