city-of-tower-city-council-regular-meeting-agenda-november-10-2025_c49.pdf
American Tower offers Tower $30,000 for lease amendment
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Description
American Tower is offering the City of Tower $30,000 as a signing bonus to amend the current cell site lease on city property. In addition to the bonus, the terms include keeping the rent and escalator the same, adding 3 10-year extension terms with a final expiration of 01/31/2079, and adding Right of First Refusal language.
Contract Details
Contract Amount
$30,000
Vendor
AMERICAN TOWER CORPORATION
Agency
City of Tower, ND
Contract Type
Lease amendment
Document Date
November 10, 2025
Contract Term
54 years
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