FACILITIESPENDING

Woodinville Fire & Rescue Board Meeting Agenda April 2026

Station 35 Cell Tower Lease Extension With STC FIVE LLC

Annual rent starting $26,362.70 (2026) escalating 4% yearly; plus 50% share of eligible sublease revenue; one-time $5,000 signing bonusEastside Fire & RescueSTC FIVE LLCApril 13, 2026

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Description

Woodinville Fire & Rescue is considering a Third Amendment to its PCS Site Agreement with STC FIVE LLC for the Avondale cell tower at Station 35, adding a five-year term from 2026 to 2031. The amendment establishes 4% annual rent increases, a $5,000 signing bonus, and 50% revenue sharing on qualifying subleases.

Contract Details

Contract Amount

Annual rent starting $26,362.70 (2026) escalating 4% yearly; plus 50% share of eligible sublease revenue; one-time $5,000 signing bonus

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

Extends the PCS Site Agreement for an additional five-year renewal term ending August 13, 2031 with 4% annual rent escalations and modified sublease revenue sharing; prior rent escalation language in the Second Amendment is superseded.