OTHERPENDING

Township Eyes 55-Year Easement Deal With SBA Monarch

Superior Charter Township is considering an option agreement with SBA Monarch Towers III, LLC for a 55-year communications easement tied to an existing cell tower site. The deal includes a $676,000 lump-sum payment and a monthly revenue share beginning with the fourth broadband tenant.

Status
PENDING
Document date
August 18, 2025
Contract type
OTHER
Vendor
Sba Monarch Towers Iii Llc
Agency
Town of Superior · MI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$676,000 one-time purchase price plus $300/month revenue share from fourth broadband tenant, escalating 3% annually
Contract type
OTHER
Contract term
Option for a 55-year communications easement
Renewal
Option agreement leads into a 55-year easement term; no additional renewal periods described.
Document type
Agenda
Source document
Charter Township of Superior Regular Board Meeting Agenda 2025-08-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Superior?

Sba Monarch Towers Iii Llc was awarded this government contract by Town of Superior, as recorded on August 18, 2025. The contract value is $676,000 one-time purchase price plus $300/month revenue share from fourth broadband tenant, escalating 3% annually.

How much is the Sba Monarch Towers Iii Llc contract with Town of Superior worth?

The Sba Monarch Towers Iii Llc contract with Town of Superior is valued at $676,000 one-time purchase price plus $300/month revenue share from fourth broadband tenant, escalating 3% annually.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Charter Township of Superior Regular Board Meeting Agenda 2025-08-18 (Agenda), dated August 18, 2025 from Town of Superior. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sba Monarch Towers Iii Llc hold?

Sba Monarch Towers Iii Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Sba Monarch Towers Iii Llc's profile

What is Town of Superior currently buying?

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

View Town of Superior's profile

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