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Option and Lease Agreement; First Amendment to Option and Lease Aqreement; Second <br />Amendment to Option and Lease Agreement. <br />The current proposal, and subject of this report, pertains to upgrades on the antenna pole and <br />within the vault. Modification of the facility includes swapping the antennas for shorter but wider <br />antennas and the addition of remote radio units (RRUs) between the antennas. A new battery <br />cabinet and equipment rack will be added within the vault — see Attachment 1. To compensate <br />for the visual impact on the pole, the District will receive an additional $650 per month, bringing <br />the total current rent, once construction begins, to $4,520.28. <br />The Third Amendment to Option and Lease Agreement (Attachment 2) serves as the applicable <br />document to effectuate this change and accompanies this report for Board review. <br />The three Amendments prompted revisions in the `Exhibit 3 — Rent Table', of the Option and <br />Lease Agreement, herein included, as Attachment 3. Columns within this exhibit illustrate the <br />rent changes that occurred with each Amendment of the lease. <br />STRATEUC PLAN COMPLIANCE <br />Meets 2021 Strategic Plan Goal 3.2: Evaluate existing and seek new revenue sources to enhance <br />programming, property acquisition, park improvements and capital facility replacements. <br />Respectfully submitted by, <br />Tom Hare, Administrator <br />Parks and Planning <br />Prepared by, <br />Bill Palermo, Park Operations Analyst <br />Parks and Planning <br />