CONTRACTPENDING

Federalsburg Considers $277K Cell Tower Lease Sale

Disclosed value: $277,000.00; From agenda
Document date: Jun 21, 2022
Term: 99 Years

What it covers

Town of Federalsburg is considering selling the lease agreement for the cell service antennae on the Industrial Park Road water tank to TowerPoint Acquisitions, LLC for $277,000. The agreement includes a 99-year telecommunications easement and revenue sharing from new tenants.

Who holds it

Towerpoint Acquisitions holds this lease assignment contract with Town of Federalsburg. Its other public contracts on record include work for City of Jonesville and City of Pekin city.

What happens next

Term as filed: 99 Years.

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Contract details

Contract type: Lease Assignment
Amount: $277,000.00
Document date: June 21, 2022
Term: 99 Years
Vendor: Towerpoint Acquisitions
Agency: Town of Federalsburg
Source document: town-of-federalsburg-agenda-2022-06-21_0b0.pdf (Agenda)

Towerpoint Acquisitions's other public contracts

City of Jonesville, MichiganTowerPoint proposes $303K purchase of telecom easement · Oct 15, 2025$303K City of Pekin city, IllinoisPekin Considers $325,000 TowerPoint Cell Tower Easement Deal · Sep 22, 2025$325K City of Pekin city, IllinoisNegotiating Easement Agreement with TowerPoint Acquisitions · Sep 22, 2025Undisclosed Town of Pekin, IllinoisPekin Approves Easement Agreement with TowerPoint for Cell Tower · Sep 17, 2025$325K Harwood Heights village, IllinoisTowerPoint Acquisitions proposes $650K lease agreement · Sep 4, 2025$650K All Towerpoint Acquisitions contractsVendor profile

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Questions about this contract

Who was awarded the lease assignment contract by Town of Federalsburg?

Towerpoint Acquisitions was awarded this lease assignment contract by Town of Federalsburg, as recorded on June 21, 2022. The contract value is $277,000.00.

How much is the Towerpoint Acquisitions contract with Town of Federalsburg worth?

The Towerpoint Acquisitions contract with Town of Federalsburg is valued at $277,000.00, covering lease assignment work.

What type of contract is this?

This is a Lease Assignment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-federalsburg-agenda-2022-06-21_0b0.pdf (Agenda), dated June 21, 2022 from Town of Federalsburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Towerpoint Acquisitions hold?

Towerpoint Acquisitions may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Federalsburg currently buying?

Explore Town of Federalsburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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