SUBJECT:
Title
Request Approval of Third Amendment to Water Tower License Agreement between Marion County and Cellco Partnership (Budget Impact - Revenue Increase of $3,993 annually)
Body
INITIATOR: DEPARTMENT:
Steven Cohoon, P.E., County Engineer Office of the County Engineer
DESCRIPTION/BACKGROUND:
This is a request to approve a Third Amendment to Water Tower License Agreement between Marion County and Cellco Partnership (Verizon Wireless) associated with the tower located at 493 Oak Road. The Amendment allows Cellco to replace/modify the equipment on the tower and increases the annual rental fee from $2,492.00 to $2,824.75 monthly beginning January 31, 2025.
BUDGET/IMPACT:
Revenue of $2,824.75 per month totaling $33,897.00 per year
RECOMMENDED ACTION:
Recommended action
Motion to approve the Third Amendment Agreement and authorize Chairman and Clerk to execute the same.
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