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Conejo Recreation & Park District GENERAL MANAGER Jim Friedl DATE: December 2, 2021 TO: Board of Directors FROM: Jim Friedl, General Manag r BOARD OF DIRECTORS Doug Nickles, Chair Nellie Cusworth, Vice Chair George M. Lange Susan L. Holt, Director Chuck Huffer, Director GENERAL MANAGER EMERITUS Tex Ward SUBJECT: Amendment of Option and Le se Agreement vjKh T -Mobile West LLC, for Upgrades to E�Jsting Wireless Communications Facility at Dos Vientos Community Park RECOMMENDATION Authorize General Manager to approve third amendment of Option and Lease Agreement with T - Mobile West LLC, currently managed by Vertical Bridge, for upgrades to existing wireless communications facility at Dos Vientos Community Park. DISCUSSION In October of 2012, Conejo Recreation and Park District entered into an Option and Lease Agreement, with T -Mobile West LLC, for the purpose of establishing a wireless facility at Dos Vientos Community Park (DCP). The District negotiated and received a capital contribution of $250,000.00 from T -Mobile in exchange for a full rent waiver of (7) seven years. With approval of the agreement, all five of the major carriers, AT&T, Sprint/Nextel, Verizon Wireless, and T - Mobile, secured a presence at the site, providing cellular and data services to community residents in Dos Vientos Ranch. In November of 2016, the Board approved a First Amendment to Option and Lease Agreement, enabling T -Mobile to expand its lease area, swapping the then existing antennas with larger antennas. A rent increase of $150 per month was imposed for the improvements, starting in the fourth year of the original Agreement. Viewed as a minor modification, the standard 3% annual escalation was not levied on the increase. More recently, in June of this year, a Second Amendment to Option and Lease Agreement was approved by the Board, granting T-Mobile/Vertical Bridge permission to locate a permanent emergency backup generator adjacent to the T -Mobile vault. T-Mobile/Vertical Bridge anticipates being under construction in the next few months. The rent increase for the additional lease space is $300 per month, commencing with construction. The original Option and Lease Agreement, with the First and Second Amendment, can be found via the following links: ADMINISTRATIVE OFFICES 403 West Hillcrest Drive, Thousand Oaks, CA 91360-4223 805-495-6471 1 Fax: 805-497-3199 1 parks@crpd.org I www.crpd.rg