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HomeMy WebLinkAbout~Master - Approving consent of assignment of cellular antenna site lease from Verizon Wireless to VB Acquisitions, LLCRESOLUTION NO. 25-360 RESOLUTION CONSENTING TO THE ASSIGNMENT OF THE LEASE AGREEMENT WITH VERIZON WIRELESS TO VB ACQUISITIONS, LLC FOR THE CITY OF AMES, IOWA WHEREAS, in December 2014, the City leased a portion of its property at 600 S. Maple Avenue to Verizon Wireless for the construction and operation of a cellular antenna. City staff received a letter from VB Acquisitions, LLC, dated June 24, 2025, indicating that Verizon Wireless has entered into an agreement with it to lease, operate, and manage this site; and, WHEREAS, the City's lease agreement with Verizon Wireless requires the City's written consent to any sale, assignment, or transfer of the lease. The City's consent may not be unreasonably withheld. VB Acquisitions has provided City staff with all the necessary documents to process future payments and receive notices from the City. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that consent to the assignment of the lease agreement with Verizon Wireless to VB Acquisitions, LLC is hereby approved. ADOPTED THIS 8th day of July, 2025. _______________________________ _________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 8th day of July, 2025.