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HomeMy WebLinkAbout2001 - Exercising Option & Lease Agreement;:t0'G et riw,140E DEN, 0S ® BELLSOUTH #01 JON 29 Pill 2 15 BellSouth Cellular Corp. 1100 Peachtree Street, N.E. Atlanta, GA 30309-4599 tw VIA Certified Mail Tracking Number 7099 3400 0002 5512 4315 v ro January 23, 2001 CITY OF SEBASTIAN 1225 Main Street Attn: City Manager Sebastian, FL 32958 - Subject: Exercising Option and Lease Agreement for BellSouth Site TC VER06 Dear Lessor: This letter serves as notification that BellSouth Mobility LLC is exercising the option to lease your property located at 1201 Main Street in Indian River county. Please be advised that the official commencement date is January 1, 2001. I have requested a check in the amount of $25,000, and this should reach you within 10 business days. Due to overpayment of monthly option payments, you will receive your first monthly rent check in July 2001 in the amount of $1,250.00. Effective August 2001, your monthly check will be in the amount of $1,500.00 per the Lease Agreement. Details of overpayment are: $7000.00 $1000.00 $1000.00 ?50.00 Total $9750.00 Plus:5$ 00.00 Total Overpaid $9250.00 (Check 918762 for Option Payments for 0600 thru 1100) (Check 915228 for December Option Payment) (Check 9937444 for January Option Payment) (Check 915228 for June 2001 prorated Option Payment) for initial Option Payment not paid on Vero 6 It is a priority of BellSouth Mobility LLC to maintain excellent Tenant/Lessor relationships. Should you ever have any questions or concerns regarding this Agreement, please contact me at our toll free number, 1-877-231-5447. Please reference on all communications the site name as found on the subject line of this letter to expedite processing of your request. Since/rel/y, Com:%FGA/ Carol Watling Real Estate Specialist BellSouth Cellular Corp. cc BellSouth Project Manager Crown Castle Headquarters Crown Castle Project Manager File