...Title
Actions Related to the Agreement with American Tower, LP. for the Use of Space at Coyote Peak.
...Recommendations
Approve the License Agreement with American Tower, L.P and the City of San José for the use of the communications facility and radio tower on Coyote Peak within the Santa Teresa County Park for an initial five-year term retroactive to July 1, 2017, with three five-year renewal options.
The City shall pay annual rent of $43,450 for the first year which will be adjusted by a cost of living adjustment of 3% on each anniversary date.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Economic Development)