Station 35 Cell Tower Lease Extension Proposed
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Description
Woodinville Fire & Rescue staff recommended approval of a Third Amendment to the PCS Site Agreement with STC FIVE LLC for the Station 35 cell tower. The proposed amendment extends the lease to 2031, increases annual rent with 4% escalations, and adds a $5,000 signing bonus and sublease revenue sharing.
Contract Details
Contract Amount
$26,362.70 per year in 2026 with 4% annual increases; $5,000 one-time payment; plus 50% of future sublease revenue
Vendor
STC FIVE LLC
Agency
Eastside Fire & Rescue, WA
Contract Type
FACILITIES
Document Date
April 14, 2026
Contract Term
Additional 5-year renewal term from August 14, 2026 through August 13, 2031
Renewal Date
2031-08-13
Renewal Info
Third Amendment provides one additional 5-year renewal term from August 14, 2026 to August 13, 2031 with fixed 4% annual rent escalations and a $5,000 conditional signing bonus, plus 50% revenue sharing on new future subleases.
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