Skip to main content

Main navigation

  • Documents
  • Search

User account menu

  • Log in
Home
Nashua City Data

Breadcrumb

  1. Home
  2. Finance Committee - Agenda - 10/6/2021 - P192

Finance Committee - Agenda - 10/6/2021 - P192

By dnadmin on Mon, 11/07/2022 - 13:37
Document Date
Fri, 10/01/2021 - 11:42
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 10/06/2021 - 00:00
Page Number
192
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__100620…

In the event any public utility or similar service provider is unable to use the Right of Way or
Further Rights of Way, the LESSOR hereby agrees to grant an additionat right-of-way(s) either to the
LESSEE or to the public utility or service provider at no cost to the LESSEE, provided that the location of
an additional right-of-way on the Property is deemed feasible by LESSOR.

seniparable-eaquipner ane ided-said-replacemen ae eee erease-te a pading-« aid g pragrees the
LESSEE shall have free access to the Tower at all times for the purpose of installing and maintaining its
equipment. LESSOR shall furnish LESSEE with necessary means of access for the purpose of ingress and

egress to this site and Tower location. It is apreed, however, that only authorized engineers, employees, or
properly authorized contractors of LESSEE or persons under their direct supervision will be permitted to

enter said premises, and that such cess will cause no disruption to City eve ilities,

2. SURVEY. LESSOR also hereby grants to LESSEE the right to survey the Property and the
Premises, and said survey shall then become Exhibit GB which shall be attached hereto and made a part
hereof, and shall control in the event of boundary and access discrepancies between it and Exhibit A. Cost

for such work shall be borne by the LESSEE.

3. TERM: AL.

a. This Agreement shall be effective as of the date of execution by both Parties,
provided, however, the initial lease term shall be for five (5) years and shall commence on the
Commencement Date (as hereinafter defined) at which time rental payments shall commence and be due

at a total annual rental of BighteenForty Three Thousand Two Hundred Dollars ($+8,000:0043,200.00),

to be paid in equal monthly installments on the first day of the month, in advance, to LESSOR or to such
other person, firm, or place as LESSOR may, from time to time, designate in writing at least thirty (30)
days in advance of any rental payment date by notice given in accordance with Paragraph 25 below. The
lease term shall commence based upon the date LESSEE is granted a building permit by the
governmental agency charged with issuing such permits, for LESSEE’s ground-based equipment and
antennas. In the event the date on which LESSEE is granted a buiiding permit falls between the 1* and
15“ of the month, then the lease term shall commence on the 1* of that month, and if such date falls
between the 16 and 31" of the month, then the lease term shall commence on the 1* day of the following

month (either the “Commencement Date”).

b. Upon agreement of the Parties, LESSEE may pay rent by electronic funds
transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such

purpose upon request of LESSEE.

c, LESSOR hereby agrees to provide to LESSEE certain documentation (the
“Rental Documentation”) evidencing LESSOR’s interest in, and right to receive payments under, this
Agreement, including without limitation: (i) decumentation-aceepiabie-te 7

er[ INTENTIONALLY DELETED); (ii) a

4

Page Image
Finance Committee - Agenda - 10/6/2021 - P192

Footer menu

  • Contact