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22-109 Approving the Reinstatement and Ratification of and Second Amendment to Water Tower Space Lease AgreementA RESOLUTION APPROVING THE REINSTATEMENT AND RATIFICATION OF AND SECOND AMENDMENT TO WATER TOWER SPACE LEASE AGREEMENT WHEREAS, the City of Shorewood has been renting water tower space at its water tower located at 5500 Old Market Road to AT&T since 2002; and WHEREAS, the current lease expired on June 30, 2022; and WHEREAS, the City has been negotiating a new lease with AT&T; and WHEREAS, negotiations were recently completed and a tentative agreement has been reached and is ready for review and approval by the Shorewood City Council; and WHEREAS, the attached staff report and "Reinstatement and Ratification of and Second Amendment to the Water Tower Space Lease Agreement' outline the terms of the new lease. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD, MINNESOTA that it hereby approves the lease renewal as outlined in the attached staff report and "Reinstatement and Ratification of and Second Amendment to Water Tower Space Lease Agreement. Adopted by the City Council of Shorewood, Minnesota this 14th day of November, 2022. 1 yllf e-we�, Je erI.Xbadllfe, Mayor st: Sandie Thone, City Clerk