HomeMy WebLinkAboutAmerican Tower (4)AMERICANTOWERm
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March 24, 2015
Town Of Los Altos Hills
26379 Fremont Rd.
Los Altos Hills, CA 94022-2624
Re: Notice of and consent to sublease of Ground Lease 66561 ("Ground Lease") and
subsequent leaseback of a portion of Site 157417, located at 27210 Altamont Rd., Los Altos
Hills, CA 94022 (the "Site")
Dear Town Of Los Altos Hills:
On February 5, 2015, Verizon Communications Inc. ("Verizon") entered into an agreement
("Agreement") with American Tower Corporation ("American Tower") regarding a portion of
Verizon's tower portfolio (the "Portfolio"), including the right for American Tower to manage
and operate the Portfolio. Your Ground Lease and the Site associated with the Ground Lease are
part of the Portfolio.
American Tower and Verizon expect the initial transactions contemplated under the Agreement
("Transaction") to close on or before May 1, 2015. As part of the Transaction, Verizon's affiliate
party to the Ground Lease will: (i) sublease the Ground Lease to American Tower or one of its
affiliates and (ii) leaseback a portion of the Site from American Tower or one of its affiliates and
retain certain rights to continue using such portion of the Site (such sublease and leaseback
hereinafter referred to as the "Ground Lease Sublease and Leaseback").
The purpose of this letter is to provide notice of and request your consent to the Ground Lease
Sublease and Leaseback. Please sign below and return this letter to us in the enclosed
self-addressed pre -paid envelope. Thank you for your cooperation and prompt attention to this
matter. If you have any questions, please call 877-362-1658 or send an email to
land@AmericanTower.com.
Sincerely,
Justine D. Paul
ATC Site Number: 413837
ATC Lease Number: VZL66561
VZ Site Number: 157417
VZLease Number: 66561
76
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The undersigned consents to the Ground Lease Sublease and Leaseback as set forth above.
Town Of Los Altos Hills
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Print Name: c'Gl Y- CAV9f
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Date: Apa i
ATC Site Number: 413837
ATC Lease Number: VZL66561
VZ Site Number: 157417
VZLease Number: 66561
76