Loading...
07/25/2017 Resolutions 2017-209RESOLUTION 2017-209 WHEREAS, through a master license agreement between the Hall County Livestock Improvement Association ("Fonner Park") and Verizon Wireless LLC ("Verizon"), Verizon is installing antenna nodes within various buildings located at the Fonner Park/State Fair site in an effort to improve cellular communications and data access at that location; and WHERAS, the Heartland Events Center building and the real estate upon which it is located (the "facility") is owned by Fonner Park and leased to the City of Grand Island ("City") under the terms of a Lease Purchase Agreement whereby the City will receive title to the facility following payment of the bonds issued to finance construction of the building; and WHEREAS, the building bonds are expected to be paid and redeemed in full on or before December 31, 2024; and WHEREAS, for such time as the building bonds are outstanding, Fonner is contracted to manage the facility under the terms of a management contract with the City; and WHEREAS, pursuant to the terms of the management contract, Fonner is entitled to receive all revenues from the general operations of the facility; and WHEREAS, the proposed license agreement between Fonner Park and Verizon will terminate on December 31, 2024 if not sooner; and WHEREAS, Verizon will pay an annual rental fee to Fonner Park and pay compensation for electric power provided by Fonner Park; and WHEREAS, due to the City's legal interests in the Heartland Event Center building, Verizon is requesting that the City enter into the execution of the licensing agreement between Fonner Park and Verizon for the sole purpose of acknowledging to the terms, conditions, provisions and rights granted under the agreement. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND that execution of the licensing agreement between Fonner Park Exposition and Events Center, Inc. and Verizon Wireless, LLC for placement of additional wireless antenna nodes within the Heartland Events Center building should be, and hereby is, approved for the sole purpose of acknowledging to the terms, conditions, provisions and rights granted under the agreement as presented to the City. Approved as to Form tt July 24, 2017 City Fy orney Adopted by the City Council of the City of Grand Island, Nebraska, July 25, 2017. Attest: RaNae Edwards, City Clerk Jere L Jense , y r