Station 35 cell tower lease extension with STC Five
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Description
Woodinville Fire & Rescue is considering a Third Amendment to its PCS Site Agreement with STC FIVE LLC to extend the Station 35 cell tower lease for an additional five-year term from August 2026 to August 2031. The amendment sets annual rent beginning at $26,362.70 with 4% yearly increases, provides a $5,000 signing payment, and grants the District 50% of rental income from future unaffiliated subtenants.
Contract Details
Contract Amount
$26,362.70 per year beginning August 1, 2026, with 4% annual increases through August 13, 2031; plus $5,000 one-time payment and 50% share of future sublease revenues
Vendor
STC FIVE LLC
Agency
Eastside Fire & Rescue, WA
Contract Type
FACILITIES
Document Date
April 13, 2026
Contract Term
August 14, 2026 – August 13, 2031 (additional 5-year renewal term)
Renewal Date
2031-08-13
Renewal Info
Original agreement dated August 14, 1996 with five prior five-year extensions already exercised; this Third Amendment adds one additional five-year renewal term from August 14, 2026 through August 13, 2031 with 4% annual rent escalations and specified rent schedule, plus a $5,000 one-time conditional signing bonus and 50% revenue sharing on future subleases.
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