HomeMy WebLinkAbout2001 03 14 Informational D Tower Rental Revenues
COMMISSION AGENDA
ITEM D
Consent
Informational X
Public Hearing
Regular
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March J;1, 2001
Meeting
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Mgr. 1
Authorization
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Dept.
REQUEST: The Finance Department relaying to the City Commission our Tower Rental
Revenues.
PURPOSE: The purpose of this agenda item is to inform the City Commission about the status
of Tower Rental Revenues for both the City Hall Tower and theBite 16 Tower.
CONSIDERATIONS:
The City is party to five agreements associated with the City Hall Tower totaling an annual
revenue of $42,000 as follows:
1. VoiceStream (APT) $ 12,OOO/yr
2. Sprint thru Voice $ 6,000/yr
3. AT&T thru Voice $ 9,000/yr
4. Nextel thru Voice $ 12,OOO/yr
5. AT&T paid by AT&T $ 3,000/yr
Beginning 12/12/1997
Beginning 03/11/1998
Beginning 09/01/1999
Beginning 09111/2000
Beginning 09/01/1999
The City is currently party to one agreement associated with the Site 16 Tower on Shore Road
totaling an annual revenue of $9,000 as follows:
1. Singular (BellSouth) $ 9,000/yr Beginning 12/01/2000
FY 00 Tower Rental Revenues are $30,000 due to varying beginning contract dates.
COMMISSION ACTION: