Escrow Agreement for Cell Tower Lease Approved
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Description
The Lexington City Council approved an escrow agreement with American Tower Corporation to support renegotiations of the city’s existing cell tower lease. The action formalizes financial arrangements tied to future lease terms for the tower site.
Contract Details
Vendor
AMERICAN TOWER CORPORATION
Agency
City of Lexington, MN
Contract Type
OTHER
Document Date
May 21, 2026
Renewal Info
Escrow agreement pertains to ongoing renegotiation of an existing cell tower lease; specific renewal or amendment dates for the underlying lease were not stated.
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City of Lexington Council Meeting Minutes March 2026
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