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INCREASE OF 3.0% LEASE FL0182 MCMULLEN BOOTH ROAD LEASE PAYMENT I I am Wireless - .~--- ..... ",.." - I.' , - ? . _.1' *1'"' ----.... . U~';r' \ ',",' ~ '-;J.-~"-~- .. --'..'J . . '-: K:"'_ ol--,aj-rmeil. Copy.........__...... File ......... ..;.u..:;;....~~~:....~: 5303 Commerce Park Blvd. Tampa, Florida 33610 Q RGS July 6, 1998 .' : I L 0 .9 1998 Mr. Tom Hacket Director of Public W orIes City of Clearwater P.O.Box 4748 Clearwater, Florida 34618-4748 R & D 'we \V:;, A 0,\1 o MAR 0 AOH n TRH: tJ [j CJ q [] 0 0 a Re: FL0182 - McMullin Booth Road Dear Mr. Hacket: Effective with the September 1, 1998 lease payment, the annual rental from GTE Wireless will increase to $13,077.18, an increase of3.0%. The CPI index for All Urban Consumers (CPI-U) for all items for the most recent 12 month period increased by 1.69%; however, the minimum increase called for under our lease agreement is 3.0%, thus the annual lease payment you receive will be increased by that percentage. Should you have questions concerning this calculation, please contact me at (813) 282 6422. In any future correspondence concerning this site, please include the FL0182 - McMullin Booth designation as it will expedite processing. Sincerely, K}c~d B().AhuQ.~ Richard Bassuener Property Management Administrator GTE Wireless A part of GTE Corporation -/