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ESCROW AGREEMENT
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AGREEMENT made this �'=� day of '�50.-���, 201r3; by and between CITY QF �
ORONQ, a Minnesota municipal corporation ("Landlord") and SPRINT SPECTR REALTY
COMPANY,L.P., a limited partnership organized and existing under the laws of Delaware, successor in
interest to Sprint Spectrum,L.P. ("Tenant").
RECITALS
1. Tenant has asked Landlord to Consent to Additions/Modificafions of its Ca unications
equipment described in the Site Lease Agreement between Tenant and dlord dated
December 8, 1997 as arnended by that certain Amendment #1 dated January 6, 1998 and
Amendment No. 2 to Site Lease Agreement dated January 15,2008.
Site I.D.: M503XC197 Site Name: Kelle,yParkway
2. Landlord is willing to prepaze a Consent or Leasa Amendment for the Project based on its
review of the information provided by Tenant, specifically in#he Antenna Site plication of
Tenant dated the 24`� day of October, 2013 ("Application") and Plans and S ifications
prepared by Inte-grat-ed Design Services Group dated July 29, 2013 and signed d sealed on
July 31, 2013 ("Plans and Specifications"), provided that Tenant reimburse Landl yd for all of
its costs associated with the Project as set fQrth herein and in the Application.
NOW THEREFORE,THE PARTIES AGREE AS F4LLOWS:
1. DEPOSIT OF ESCROW FiJND5. Contemporaneously with the exe� tion of this
Escrow Agreement, the Tenant shall deposrt Ten Thousand and 00/100 Dollars ($1fJ,00Q. '} with the
Landlord in escrow ("Escrow Accaunt"). All acerued interest, if any, shall be paid to'the Landlord to
reimburse the Landlord for its cost in adrninistering the Escrow Account.
2. PURPOSE OF ESCRUW. The purpose of the Escrow Account is to r imburse the
Landlord for all reasonable out-of pocket cost� the Landlord has incurred or will incur for viewing and
approving this Project such as plan review, site meeting, structural analysis, attorney fees, d inspeetion
time as set forth in the Application.
3. DISBURSEMENT FROM ESCROW ACCUUNT. The Landlard may d w from the
Escrow Account frarn time to time without further approval of the Tenan� to reimburse the dlord for :
eligible expenses the Landlord has is incurred. Within thuty(30} days following any with awal on the
Escrow Accc�unt, the Landlord shall notify the Tenant of the draws the Landlord has made d the nature
of the expense for which the reimbursement is being made and pro�ide Tenant with reasonab supporting
documentation evidencing such expenses. Landlord will pmvide notiee if the Escrow A unt amount
falls below $1,Q00.00. The Tenant shall thereafter deposit additional sums as d'uected by th Landlord in
order for Landlord to pay for the actual cost and e�pen5e of Landlord as set forth in Section (Furpose of
Escrow)hereof and the terms and conditians af the Application.
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Page Two �
Escrow Agreement No. �
Lease I.D.: �
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Site ID: MS03XC197 �
Site Naine: Kelley Parkway �
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4. PROJECT REyIEW ANl) APPROVAL. Time is of the essence with r pect to this
Prajec� Ugon receipt of the funds for the Escrow Account, the Antenna Application and e Flans and �
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Spec�cations, Landlord agrees to promptly review and provide Tenant, with any commen relating ta �
items that may need to be completed by Tenant prior to approval by Landlord, ar provid Landlord's
cansent and approval for the Project, which review and/or consent and approval by Landlor , will not be �
unreasanably withheld,conditioned or delayed. �
5. CLOSING ESCROW. The Balance on depasit in the Escrow Account, if y, shall be �
retumed to the Tenant within seventy-five (�5) days after the earlier to occur of: (a) the da the Project ``
has been finalized and final inspection of the installed Project modification has been comp eted, or (b) �
upon i.andtord's receipt of written notice from Tenant that Tenant has decided not to pr with the `
Project. �
LANDLORD: �
CITY OF URONO
BY:
Nc'1I�1C: a t�.�c.�. a �
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� Title: �;.,a c...� t c- <..�-�C-� €
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TENANT: �
SFItINT SPECTRUM REALTY COMPANY, .P. �
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BY: ;
Name: �'� i
Title• ��"' �--- �
IMPORTANT:
PLEASE FILL IN TI�ADDRESS WI�RE Y4U WOtILD LIKE THE��E�CR�W�TATE S TO �
BE SENT AND/OR BALANCE OF FUND.
Sprint Landlord Solutions
KSOPHTO101-Z2225
6391 Sprint Parkway
Overland Park, KS 66252-2225
Attn: NA
Telephone: 800-3 57-7641
email: landlordsolutions @ sprint.com
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