Long Beach

Utilities Commission

3. 25-56725 25-56726 Approve recommendation. Recommendation to authorize the General Manager to execute any and all documents necessary to amend Lease No. WDL-79 with Los Angeles SMSA Limited Partnership, dba Verizon Wireless, for the cellular communications tower and associated infrastructure located within the 32nd Street Booster Pump Station site, to extend the lease term through October 31, 2029, with five consecutive automatic five-year extensions; to increase the monthly rent to $5,003.06, subject to a two percent annual increase; and to accept a one-time signing bonus of $10,000 to be paid by the lessee. Suggested Action: