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FACILITIESPENDING

Woodinville Fire & Rescue Board Meeting Agenda April 2026

Station 35 cell tower lease extension with STC Five

$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 revenuesEastside Fire & RescueSTC FIVE LLCApril 13, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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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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