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HomeMy WebLinkAboutCity of Tamarac Resolution R-2011-038Temp. Reso # 12007 March 16, 2011 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2011- 3 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, APPROVING THE FOURTH AMENDMENT AND AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO EXECUTE FOURTH AMENDMENT TO SITE LEASE AGREEMENT WITH TOWERCO ASSETS LLC TO INCREASE THE GROUND SPACE BY ABOUT 680 SQUARE FEET AT THE CELL TOWER SITE LOCATED AT 9101 NW 57T" STREET IN TAMARAC AND TO INCREASE THE MONTHLY RENT BY $1,000, PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on July 19, 2006 the City of Tamarac closed on the purchase of the property located at 9101 NW 57th Street, Tamarac, Florida 33351 from Tamarac Jewish Center, and WHEREAS, the property contained a cell site with a stealth tower (flagpole) and ground facilities constructed by Nextel; and WHEREAS, The City, by its acquisition of this property, took over the existing site lease agreement between Tamarac Jewish Center and Nextel; and WHEREAS, on September 23, 2008, Nextel as the lease holder and the owner of the tower executed Assignment and Assumption of Ground Lease attached hereto as Exhibit 6 with TowerCo; and WHEREAS, TowerCo, as the current Lessee, proposes this Fourth Amendment to the Site Lease Agreement to increase the ground space by about 680 square feet and to increase the monthly rent by $1,000; and WHEREAS, the financial terms of the existing Site Lease Agreement remain the same; and Temp. Reso # 12007 March 16, 2011 Page 2 WHEREAS, the Director of IT recommends approval of the amendment; and n WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interests of the citizens and residents of the City of Tamarac to authorize the appropriate City Officials to execute Amendment to Memorandum of Agreement attached hereto as Exhibit 7 and Fourth Amendment to Site Lease Agreement with TowerCo to increase the ground lease space by 680 square feet and to increase the monthly rent by $1,000, attached hereto as Exhibit 8. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution. All exhibits referenced herein are incorporated and made a specific part of this resolution. SECTION 2: The City Commission approves the Fourth Amendment and the appropriate City Officials are hereby authorized to execute Amendment to Memorandum of Agreement and the Fourth Amendment to Site Lease Agreement with TowerCo to increase the ground lease space by 680 square feet and to increase the monthly rent by $1,000. SECTION 3: The financial terms of the Site Lease Agreement remain the same. SECTION 4: The appropriate City Officials are hereby authorized to sign all necessary permit applications on behalf of the City as property owner so this amendment can be processed. 1 1 1 Temp SECTION 5: All resolutions or parts of resolutions in conflict herewith repealed to the extent of such conflict. Reso # 12007 March 16, 2011 Page 3 are hereby SECTION 6: If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. SECTION 7: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this %3 day of , 2011. ATTEST: PETER M. J. RI H RD ON, CRM, CMC CITY CLERK. r'ESTABLISHEI) an 33 1963 0•. SEAL p - �CCUN,``�. I HEREBY CERTI ' YNXT I HAVE APPROVED THIS RESOLUTION AS TO FORM. V W�4 /AWA' "Lbl. SAMUE S. GOREN UV CITY ATTORNEY P4",1— -&,JSL,'(1 PAMELA BUSHNELL MAYOR RECORD OF COMMISSION VOTE: MAYOR BUSHNELL 4 &- DIST 1: COMM. SWENS N DIST 2: V/M GOMEZ Iw -_.. DIST 3: COMM. GLAS R-- DIST 4: COMM. DRESSLERR INSTR # 108187525 OR 8K 45734 pages 1457 -1465 RECORDED 10/07/080913:55 BROWARD COUNTY COMMISSION DEPUTY CLERK 3330 #4, 9 pages This Instrument prepared By TowerCo Acquisition LLC 5000 Valleystone Drive Cary, North Carolina 27519 ASSIGNMENT AND ASSUMPTION OF GROUND LEASE THIS ASSIGNMENT AND ASSUMPTION OF GROUND LEASE ("Assignment") is made, entered into and effective as of this Q'�3 day of September, 2008 ("Transfer Date"), by Nextel South Corp., a Georgia corporation, having an address at 6391 Sprint Parkway, Mailstop KSOPHT0101-7.2650, Overland Park, Kansas 66251-2650 ("Assignor"), to Tower Entity 10 LLC, a Delaware limited liability company, having an address at 6391 Sprint Parkway, Mailstop KSOPHT0101-72650, Overland lurk, Kansas 66251-2650 ("Assignee"). The notice address for the Assignee shall be: Tower Entity 10 LLC c/o 'TowerCo Acquisition LLC, 5000 Valleystone Drive, Cary, North Carolina 27519. Preliminary Statement.• Pursuant to that certain Purchase and Sale Agreement dated as of July 23, 2008 (as amended, modified and supplemented from time to time, the "Purchase Agreement"), by and between TowerCo Acquisition LLC, the parties identified as sellers therein (including Assignor), Sprint Spectrum L.P., as agent for such sellers and the "Tower Entities" (including Assignee) that become parties thereto, Assignor has, among other things, agreed to assign all its right, title and interest in and to the Ground Lease (as defined on Exhibit "A") to Assignee and to assign, transfer and convey to Assignee its right, title and interest in all Towers and Tower Related Buildings and Equipment Iocated on the land demised under the Ground Lease (as such land is further described in Exhibit B (as so described, the "Real PronertY")). All capitalized terms not otherwise defined in this Assigmment shall have the meanings ascribed thereto in the Purchase Agreement. In consideration of the mutual covenants contained in this Assignment, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Assignor and Assignee hereby agree as follows: 1. ASSIGNMENT. As of the Transfer Date, Assignor for good and valuable consideration as recited in the Purchase Agreement, the receipt and sufficiency of which are hereby acknowledged, does hereby convey, assign, contribute and transfer all of its right, title, and interest in, to and under the Ground Lease, and the leasehold, license or other interest created thereunder, to Assignee and its successors and assigns. 2. ACCEPTANCE OF ASSIGNMENT. Assignee as of the Transfer Date, hereby accepts the foregoing assignment of the Ground Lease and assumes all of the Assumed Liabilities arising under or pursuant to the Ground Lease. ,l 37L?�r075 FI,2075/FL2683 TAMARAC CENTRAI. 3. APPURTENANT PROPERTY EASEMENTS AND IMPROVEMENTS. Assignor hereby grants, bargains, conveys, contributes and transfers to Assignee, its successors and assigns forever, all of Assignor's right, title and interest (subject to Permitted Liens) in and to (i) all appurtenant property and rights relating to the Real Property, (ii) all easements and rights of way benefiting the Real Property, (iii) all Towers located on the Real Property and (iv) all Tower Related Buildings and Equipment located on the Real Property and all other "Power Related Assets located on or relating to the Real Property; excluding, in the case of clauses (i) through (iv), any and all Excluded Assets. 4, BINDING EFFECT. This Assignment will be binding on and inure to the benefit of the parties herein, their heirs, executors, administrators, successors. in -interest and assigns. 5. GQVERNING LAW. This Assignment and its validity, construction and performance will be governed by and construed in accordance with the internal laws of the State of Delaware, without regard to principles of conflicts of laws, except to the extent mandatorily governed by the laws of the state in which the Real Property is located. 6. COUNTERPARTS. This Assignment may be executed in two or more counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. 7. PURCHASE AGREEMENT. This Assignment is intended to implement the provisions of the Purchase Agreement and shall not be construed to enhance, extend or limit the rights or obligations of Assignor or Assignee (it being understood that Assignee will not be deemed to be assuming any Excluded Liabilities). No provision of this Assignment shall in any way modify the express provisions (including without limitation the warranties, representations, covenants, agreements, conditions or any of the obligations and indemnifications of the parties hereto with respect to the subject matter of the Purchase Agreement) set forth in the Purchase Agreement. To the extent any provision of this Assignment is inconsistent with the Purchase Agreement, the provisions of the Purchase Agreement shall control. 8. AMENDMENT. This Assignment may not be amended, waived or otherwise modified except by a written instrument signed by the parties hereto. THIS ASSIGNMENT has been executed by Assignor and Assignee effective as of the Transfer Date. [Signatures on following pages] FI,2075/FL2683 TAMARAC CENTRAL Witnesses: rAr State of New York County of New York ASSIGNOR: Nextel South Corp., a Georgia corporation Print Name:F:BuebW Title: Assistant Secretary The foregoing instrument was acknowledged before me this ,6day of September, 2008, by Jolty F. Huchert an Assistant Secretary of Nextel South Corp., a Georgia corporation, on behalf of the company. The above -named individual is personally known to me or has produced a drivers license or passport as identification. Notary Public Print Name: My Commission Expires: BRE7 TE TANNED AU �* Notary Public. Q01 No. I�MN FL2075/FL2683 TAMARAC CENTRAL ASSIGNEE: Tower Entity 10 L.LC, a Delaware limited liability company B"" _ y FWt Name: i4�N _ _�r Name:_,_._ Jnhn_F. Attrltes�t - Title: Assistant Secretary - &,,kJa,,tO Print Name: State of New York County of New York The foregoing instrumentkwas acknowledged before me this day of September, 2008, by John F H an Assistant Secretary of lower Entity 10 LLC, a Delaware limited liability company, on behalf of the company. The above -named individual is personally known to me or has produced a drivers license or passport as identification. Notary Public Print Name: My Commission Expires: BRV No Y p1 Ydk AB177a" QUWjQEo� No+e1ber 19, �11 FL2075/Ft,2683 TAMARAC CENTRAL EXHIBIT "A" The Ground Lease That certain lease agreement (the "Ground Lease") dated August 21, 2000 by and between City Of Tamarac, as lessor, and Assignor, as lessee, with respect to that certain parcel of real property ("Real Pro e ") located in the County of Broward, State of FL, which Real Property is more particularly described on Exhibit "B" attached hereto. The Memorandum of the Ground Lease is recorded in Book 31967, Page 1913 or as Official Document/Instrument Number 101245358, in the Register's office of Broward County, State of FL. Amer Recording Return To: LandAmerica CLSS Attn: Lisa Robertson 5600 Cox Road Glen Allen, VA 23060 FL2075/FL2683 5 TAMARAC CENTRAL . : Southplorlib Site Noi F1,16631) Site Namit Unwisc Ornual �v '� PRgPAREU BY+ Paulo Hickman, Eq. - Nexroi South Cora 2201 Lucien Way, Suite 20D M.Id.nd,FL 32751. � �� ReTU� sK TO. —� t>Itwlr --- .•X .ba B �N�IIN��II�I��a1�l�i�� e l r INSTR # 1012453SS qR RK 3M7 PG 1910 `Q JUM renr72111el e9111 CBN1891QN BUM MWY DIM ftw IK7 This Memorandum of Agreement lot entered into on this 'Ll_ day of • , by and wgwaon Tamarac Jewish Carer, Inc., a Florida not -far -profs cownition, with sn addrem at 9101 NW 57tp Street. Tametae, PL 33331 pmeins0a referred to a %eseon and Nextel South Corp, r Oaorgia ewporstion, d/b/t Nextet Communication; with an eflloe at 951 TnifWger Court. Suite 300S, Maitland, FL 37751 (11sereim0a refined to as "Ceara"} Cesaor and Lesace entered Into a Communkaliom Sim•l.aee Agretment rAgr-t) oo the Zt day of = 2000. for the purpoaa of inalal0ng, operating and maintelahiy a radio eom oAkWona Why and. udra improvatxnis. All of the 11onViol; aread fdrth In the Agreement. i:������77 b','4. 8f lfiF Agreement is forted (1� years aerwrtettdng on �r /.GOAD (CAarth four (4) wooesrdvato rerThaand wNteh Ia the aubjedofthe Apeegirsrtie In Brawardoanry, Plnritls described In Exhibit A annexed heeto. The portion of the Land g Ieeaed to LAerae (the "Proms#a) it dtwailrod in gxhibit 6 annexed hereto. IN WITNESS WHEREOF, the parties have executed this Memorandum of Agreemtm as of the day and year Pint abwm wrinea. LESSM-.1`a ish ., a da nut -for -prof t cerporatlon signed. sealed flrered nt the pnwetiee nf: Wgrtaa Print Name Print Name: n ,I Tide:_ Wlmen (•,C/'v rLs W 7) Print Nome: . STATE OP E0d>il COUNTY OP the foregoing Instrument was ackeowledged bare me thid ib. ,day ofy 1 2000, by'1' r , as of Tamarac Jewish Center, {fro., a Flwids not -for- rofit corporation, at pe,M ally known to m r Or who has w identMetolon end who did (dki not) take an • WITNESSmy ha aflielel Baal.»)»)))»)») � r 7el0ey it gismnpotttt ?< Y Pamir. Stoat of Florida . NntaryPu611e 7 NLrn C` CemmkaiptNO.0060De06. (&e ear My_tiMmtkKianQap.11n812000yt . �rracdtn"°y'1rl�n�,r�,y,�fwao�rMsth Y� lhinl Nttnra ' 1,s/IJJl/I,rlXIHNlIJIIIfIJIHIJ/NJf� i My cotnWusion expires (SIrr4ATC1R8S CONTINUZO ON PULWWl"G PA(;i) i C4 " a..w mace r *. OR BK. 31967 PS M4 r , Madut.e SCUM FWridi Star Na: FI2693D site Nana: Twnane Cmust LBSSE6:' Signed, xcaled and delivered in the presence of: Nextel Sowh Corp„ a Oeorgla corporation . aNex manlee116aa .. Wltne" Print Name Print Tltle:_ VicaPtr 1� „r,n� _ Whnesa Print Narrxr SfAT6 OP QMW /+ COUNTY OF The yaregolna ooru tent was atknowkdsW bd* me thla a i bpy of 3Ajtf- a 2000r ky Jon Cshr% a Vice President of Nextel South Corp., a Oeorgla ooryotatiga awi Ntxtd Com oladig"s who I! personally known to nx or whn hu produced ee identification and who did (dM not) take an cock w1TNSSS my hand And'ottkiai seal. •J %j ryI� /jfflvm `�tpltiliillrlllrr�lr� rn'i d t s s.1 Ai JlAnr�Y-.J ��� } (7 )fif�h t %i P i fF ��inm bRnP.. •``�/':�ar:W"�''�hf� •: Print Name ��e MAY 237tc .. My commission expires; x i 2004 r' r..YK to 0 ca �' w r m i= m U F E G7 (V J LL 2 'µ � .. •.• � pK f3�' �1967 vrG 1!i15 MaAwL; Swlh Fkdda No.; IU683D .Site Stte Name: Tamarac Cmtrat . Dv.SCRIT'IrION OF LANV to the Merrioroodum of Agreement dated r 2,1 , 2000, by and btawew Tamarac Jewish Center; Inc., a Morids nut -for - profit wrPwatbn . as Law, and Neatel Swth Corp.; a Georgia corporation, dWs Nsatst Conununtea lens as Lapse. The 4and is dsacdw andlor depicted ag ibllovd (metes and boards dtscription} Lob 6 and 7. Mock 4 orLYONS MUSTMAL PARK, as recorded in Plat Book 71, Page l; of fete PublicRecords of Broward County, Florida tolendsd to Its the same prembet as conveyed to labor by Warranty Deed dated April 28, IM and -recorded In the Official Records of Broword County, Florida under OR Book 29421 Page IM i W ! [] I; e N m to C7 M4.4lam . . on 8K . 31967 Pc 1916 Y f Market:: SOslli Fkxida .Sirs alo.: FI-:(:jp Iit.NN UCTamsrteCentrst MEMORANQUM OIAGRB�M$d'C DESCNIFTt� LMMS to the Memorandum of Agrommi dared �, 2p11(1, ¢y and between Tamarac Jewish Center, Inc., a Florido not -for - profit co"nition as Leuar, and Nerld South Corp., s C Dfl is cprponlion, dlWa Nmdei Cprcinonieat{otrs as [.epee.' hum t) ih4 Pxhrbh ttryba reytaiad by.laad nrvey of tlr PrdWsts anee r k+ rtedr•d by fence, Y) Sathaek of in Frew= ham om lastly lioliededm om lia do ilkwu regared brtlte.ppll�li {orwtatnrmt anthaidn.. ]) WiddtofaoemtnsdAnil bathearidlhrG*WbrtheMvmkyavatpsent■IsedatW,iaamonspellaeandfleadgwynwts. 4) The type, esmW and t66 pritinns and,laratlens of.arrpoprMi and tnrmtninlon lirm sn Musimlire only. /1etw1 typq, awnyna; nleunthq poritions .�Y � hwn Mrat It thovm sbon. 4- balrai IfMa>0 Exhibit 7 Prepared by and after recording return to: Legal Department TowerCo Assets LLC 5000 Valleystone Drive Cary, NC 27519 (Recorder's Use Above This Line) STATE OF FLORIDA Parcel No: 4941 08 03 0060 COUNTY OF BROWARD AMENDMENT TO MEMORANDUM OF AGREEMENT Document Date: Grantor/Lessor: CITY OF TAMARAC, a Florida municipal corporation Address: 7525 Nw 88Th Avenue, Tamarac, FL 33321-2401 Grantee/Lessee: TOWERCO ASSETS LLC, a Delaware limited liability company Address: 5000 Valleystone Drive, Cary, NC 27519 Legal Description of the Land is attached as Exhibit A. Amended MOL FL2075/Tamarac Central/Dock 822290 V t Exhibit 7 AMENDMENT TO MEMORANDUM OF AGREEMENT This Amendment to Memorandum of Agreement is made effective as of the later of the signature dates below between CITY OF TAMARAC, a Florida municipal corporation ("Lessor") and TOWERCO ASSETS LLC, a Delaware limited liability company ("Lessee"). 1. Lessor and Lessee (as successor in interest to Nextel South Corp.) are parties to that certain lease agreement dated August 21, 2000 (as amended, the "Lease") for certain real property and easements (collectively the "Premises") which are a portion of that real property owned by Lessor located in the City of Tamarac, County of Broward, State of Florida (the "Land"). 2. A Memorandum of the Lease was recorded on August 10, 2001 as Instrument Number 101245358 of the official records of Broward County, Florida (the "MOL"). 3. The assignment of the Lease to Lessee was recorded on October 7, 2008 as Instrument Number 108187525 of the official records of Broward County, Florida (the "Assignment"). 4. On September 23, 2008, Tower Entity 10 LLC, the assignee under the Assipment, was acquired by and merged into Lessee. 5. Lessor and Lessee have amended the Lease and desire to amend the MOL to reflect the changes set forth in the Lease amendment. 6. The MOL is amended as follows: a. The square footage of the Premises leased by Lessor to Lessee in Section 1 of the Agreement is hereby amended and increased by approximately Six Hundred Eighty (680) square feet ("Additional Premises") to a total size of approximately One Thousand Four Hundred Eighty (1,480) square feet. The Premises, as increased hereby, is depicted on Exhibit B-1 attached hereto, which Exhibit B-1 shall supplement the existing Exhibit B to the MOL. Lessee shall have the right to survey the Premises, and the survey of the Premises will then become Exhibit B-2, which will be attached hereto and made a part hereof and will control in the event of discrepancies between Exhibit B-1 and/or Exhibit B. 7. In the event of any inconsistencies between the terms of the MOL, as amended by this amendment, and the Lease, the term set forth in the Lease shall control. [SIGNATURES AND ACKNOWLEDGEMENTS BEGIN ON NEXT PAGE] Amended MOL FL2075/Tamarac Central/Dock 822290 VI 2 Exhibit 7 IN WITNESS WHEREOF, the parties have executed this Amendment to Memorandum of Agreement as of the later of the signature dates below. WITNESSES LESSOR ACKNOWLEDGMENT STATE OF r—L OR / PA_) ss: COUNTY OF /� Jed 1�✓X} /� 1� ) LESSOR: CITY OF TAMARAC, a Florida municipal corporation By: Name: 'C( cr vvl e Title: Date: The foregoing instrument was acknowled ed before me this 1/—/ -/ _/ / (date) by M I C. A a� 1 C. C e r N E (name and title of officer) of CITY OF TAMARAC, a municipality, on behalf of the municipality. He/she is personall known to me or has produced (type of identification) as identification. ..c, M - fr Notary Public Printed Name:,,,p My Commission Expires: 6 ad/ Commission # E e Amended MOL. FL2075/Tamarac Cenral/Doc#: 822290 VI TINA M. WHEATLEY MY COMMISSION # EE5619 EXPIRES: August 06, 2014 i AHY Fl. Ndry Disonst Amm. Ca (seal) WITNESSES hC i LESSEE ACKNOWLEDGMENT STATE OF NORTH CAROLINA ) ss: COUNTY OF WAKE ) Exhibit 7 LESSEE: TOWERCO ASSETS LLC, a Delaware lii 1►1 Title: VP of Collocation Date: o The foregoing instrument was acknowledged before me this ;-% 1`1 " ► "G / 201(date) by Jason Catalini, VP of Collocation of TowerCo Assets LLC, a Delaware limited liability ,,-CbW1Nny, on behalf f the limited liability company. He/she is personally known to me. Notary Public t7TA Printed Name:g��-� ,Q i My Commission Expires:�- Commission # Amended MOL FL2075/TamaracCentraMoc#:822290 V1 W Gnmm. Fxpires n Februaiy 22. 2012 UBL Ca ; (seal) Exhibit 7 EXHIBIT A LAND Being a portion of the following described land, situate, lying and being in Broward County, Florida, to wit: Lot 1, Block 3, LYONS INDUSTRIAL PARK, according to the Plat thereof as recorded in Plat Book 71, Page 1B, of the Public Records of Broward County, Florida. SUBJECT to covenants, conditions, restrictions, reservations, limitations, easements and agreements of record, if any. Tax Parcel No. 494108 03 0060 Amended MOL FL2075/Tainarac Central/Doc#: 822290 V 1. EXHIBIT B-1 Premises (see attached) Notes: Exhibit 7 1. This Exhibit may be replaced by a land survey of the Premises once it is received by Lessee. 2. Width and locality of access road shall be the width required by the applicable governmental authorities and utility providers, including police and fire departments. Amended MOL FL2075/Tamarac Central/Doc#: 822290 V1 y n0oCIO oC O [ 7, 9 C � C- b CZ ca C;i�y. aS 4� o C fa�rr � Y � `D O 41 N O 0? 9{ O 19 cn rya cn z 1� 71 cn �a y � � xr4 z m m O y � G7 v� t,,, C7 •_ - � C=7 It X C. �a 1a �Q O G� Crl o r r :4 �zz O 7 y O Fe, ?n o� > _ woo m mmmm NFl 1pm m pIpYI w I11p11�10 r1�lE1R MII�1 6xtrlr3lr-S FOURTH AMENDMENT TO COMMUNICATIONS SITE LEASE AGREEMENT (GROUND) THIS FOURTH AMENDMENT TO COMMUNICATIONS SITE LEASE AGREEMENT (GROUND) ("Amendment") is entered into as of the later of the signature dates below by and between CITY OF TAMARAC, a Florida municipal corporation ("Lessor") and TOWERCO ASSETS LLC, a Delaware limited liability company ("Lessee"). RECITALS A. Lessor (successor in interest to Tamarac Jewish Center) and Lessee (successor in interest to Nextel South Corp.) are parties to that certain Communications Site Lease Agreement (Ground) dated August 21, 2000, as amended by that certain First Amendment to Communications Site Lease Agreement (Ground) dated March 2, 2001, as further amended by that certain Second Amendment to Communications Site Lease Agreement (Ground) dated September 5, 2001, as further amended by that certain Third Amendment to Communications Site Lease Agreement (Ground) dated January 21, 2004 (as amended, the "Agreement"), for the Premises, which are a portion of the Land located in the City of Tamarac, County of Broward, State of Florida, as more particularly described in the Agreement. B. Lessee desires to increase the size of the Premises and Lessor agrees to grant such additional Premises space to Lessee, all in accordance with the terms and conditions as set forth below. NOW, THEREFORE, for and in consideration of the promises and mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree to amend the Agreement as follows: I. Premises. The square footage of the Premises leased by Lessor to Lessee in Section 1 of the Agreement is hereby amended and increased by approximately Six Hundred Eighty (680) square feet ("Additional Premises") to a total size of approximately One Thousand Four Hundred Eighty (1,480) square feet. The Premises, as increased hereby, is depicted on Exhibit B-i attached hereto, which Exhibit B-1 shall supplement the existing Amended Exhibit B to the Agreement. Lessee shall have the right to survey the Premises, and the survey of the Premises will then become Exhibit B-2, which will be attached hereto and made a part hereof and will control in the event of discrepancies between Exhibit B-1 and/or Amended Exhibit B. Lessor agrees to promptly execute and deliver an amended Memorandum of the Agreement in recordable form containing the new legal descriptions of the Premises if so requested by Lessee. 2. Rent. Rent shall be increased by the sum of One Thousand Dollars and No Cents ($1,000.00) per month (the "AT&T Sublease Fee") commencing on the first day of the month following commencement of construction of communications facilities by Lessee or Lessee's sublessee, New Cingular Wireless PCS, LLC, or one of its affiliates, successors or assigns ("AT&T") on the Additional Premises and continuing through the term of the Lessee's sublease with AT&T (as may be amended or modified, the "AT&T Sublease"). The AT&T Sublease Fee shall be payable in the same manner as the Rent, including the incremental increases in Rent set Fourth Amendment FL2075/Tamamc Central/Doc#: 822263 V t forth in Section 5(b) of the Agreement, provided the AT&T Sublease Fee shall not escalate before February 18, 2012. That portion of the Rent attributable to the AT&T Sublease Fee shall terminate on the date that AT&T's communications facilities are removed from the Additional Premises, and Rent thereafter shall be reduced by an amount equal to the AT&T Sublease Fee as of the date of such expiration or termination. Lessee shall have no obligation to pay that portion of the Rent attributable to the AT&T Sublease Fee unless Lessee actually receives the rent payment due under the AT&T Sublease. 3. Notice. Notwithstanding anything in the Agreement to the contrary, facsimile notices shall not be permitted. The notice addresses set forth in Section 18(d) of the Agreement is hereby deleted and replaced with the following: Lessor: City of Tamarac Attn: Director of Information Technology 7525 NW 881h Avenue Tamarac, FL 33321-2401 Lessee: TowerCo Assets LLC 5000 Valleystone Drive Cary, NC 27519 Attn: Property Management TowerCo ID: FL2075 4. Agreement in Full Force. Except as expressly amended hereby, all terms and conditions of the Agreement shall remain in full force and effect, and, in the event of any inconsistencies between this Amendment and the terms of the Agreement, the terms set forth in. this Amendment shall govern and control. The covenants, representations and conditions in the Agreement are mutual and dependent. 5. Estoppet Lessor hereby certifies to Lessee (i) that the Agreement is in full force and effect and has not been amended, modified or supplemented in any respect, either orally or in writing, except for this Amendment and the amendments referenced in this Amendment (if any) and is the only agreement relating to the Premises entered into between the Lessee and Lessor; (ii) the Agreement as amended hereby fully represents the entire agreement between the parties thereto and has not been assigned other than as set forth herein; (iii) there is no existing default on the part of the Lessor or Lessee in any of the terms and conditions thereof and no event has occurred which, with the passing of time or giving of notice, or both, would constitute an event of default or notice of termination of the Agreement; (iv) rent has been paid through and including the date hereof as called for in the Agreement and (v) Lessor does not have any offsets, credits or defenses with respect to the Agreement. b. Recording of Agreement~ Lessor agrees to promptly execute and deliver to Lessee a memorandum of the Agreement in recordable format upon request of Lessee. 7. Counterparts This Amendment may be executed in one or more counterparts which shall be construed together as one document. Fourth Amendment FL2075/Tamarac Central/Dock 822263 VI 2 8. Defined Terms Unless otherwise defined, all defined terms used in this Amendment shall have the meanings ascribed to them under the Agreement. 9. Successors and Assigns Upon full execution by Lessee and Lessor, this Amendment (i) shall be binding upon and shall inure to the benefit of each of the parties and their respective successors, assigns, receivers and trustees; and (ii) may be modified or amended only by a written agreement executed by each of the parties. 10. Non -Binding Until Fully Executed. This Amendment is for discussion purposes only and does not constitute a formal offer by either party. This Amendment is not and will not be binding on either party until and unless it is fully executed by both parties. 11. Recitals. The recitals at the beginning of this Amendment are incorporated in and made a part of this Amendment. [SIGNATURES APPEAR ON THE FOLLOWING PAGE] Fourth Amendment FL2075/Tamarac Central/Dock 822263 V 1 3 IN WITNESS WHEREOF, the parties have executed this Amendment as of the later of the signature dates below. LESSOR: CITY OF TAMARAC, a Florida municipal corporation per`----'"�— By: Name: Title: Date: LESSEE: TOWERCO ASSETS LLC, a Delaware limitedAbility company By: a Jason Catalini Title: Vice Pre 'dent of Collocation Date: �3 1 1-7 / I I Fourth Amendment FL.2075/Tamarac Cenlral/Doc#: 822263 V 1 4 EXHIBIT S-1 Premises (see attached) Notes: 1. This Exhibit may be replaced by a land survey of the Premises once it is received by Lessee. 2. Width and locality of access road shall be the width required by the applicable governmental authorities and utility providers, including police and fire departments. Fourth Amendment FL2075/'FarnanacCentral/Doc##:822263 VI y 0 �c OG H C� cn Z tZI A =" P [ni'Oq z aw - D I I I Czyc I do 000 cn 2� I "y H H � I a ok L JI r� O� H m Rz >f� C� dz °z4 bd CD P9 rCn 70o p z c O a��� o b 41�. _ tr; "Iz r �yx z CDz y� "L ny O t`' n y� arvrw� irr. Mum wertsi w �sara M�� wrr rmr� iw v iorie� ue