OTHERPENDING

School District Considers 90-Year Wireless Tower Lease with Harmoni Towers

St. Croix Falls School District is considering a 90-year ground lease with Harmoni Towers AssetCo, LLC for construction and operation of a wireless tower facility at school property. The contract requires a $1,100 due diligence fee for an initial year, renewable up to two years for the same amount, and monthly rent of $1,100 beginning upon construction, with 1.5% annual escalation. The agreement provides tenant subleasing and expansion rights.

Status
PENDING
Document date
November 18, 2024
Contract type
OTHER
Vendor
Harmoni Towers Assetco Llc
Agency
St. Croix Falls School District · WI

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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
$1,100.00 due diligence fee for 1 year (renewable up to two additional years for $1,100.00/year); Upon construction, $1,100.00/month escalating 1.5% annually
Contract type
OTHER
Contract term
Initial 5-year term, with seventeen (17) automatic 5-year renewals; total possible term 90 years
Renewal date
2114-11-18
Renewal
Initial 5-year term with seventeen (17) automatic 5-year renewal terms (total 90 years possible). Renewals are automatic unless tenant gives written notice 60 days before expiration of current term. After the last renewal, continues annually unless terminated by either party with 6-months' notice before annual end date.
Document type
Lease Agreement
Source document
st-croix-falls-school-districtlease-agreement-2024-11-18_b17.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by St. Croix Falls School District?

Harmoni Towers Assetco Llc was awarded this government contract by St. Croix Falls School District, as recorded on November 18, 2024. The contract value is $1,100.00 due diligence fee for 1 year (renewable up to two additional years for $1,100.00/year); Upon construction, $1,100.00/month escalating 1.5% annually.

How much is the Harmoni Towers Assetco Llc contract with St. Croix Falls School District worth?

The Harmoni Towers Assetco Llc contract with St. Croix Falls School District is valued at $1,100.00 due diligence fee for 1 year (renewable up to two additional years for $1,100.00/year); Upon construction, $1,100.00/month escalating 1.5% annually.

What type of contract is this?

This is a government contract, documented as a lease agreement record.

Where was this contract approved?

This contract appears in st-croix-falls-school-districtlease-agreement-2024-11-18_b17.pdf (Lease Agreement), dated November 18, 2024 from St. Croix Falls School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Harmoni Towers Assetco Llc hold?

Harmoni Towers Assetco 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 Harmoni Towers Assetco Llc's profile

What is St. Croix Falls School District currently buying?

Explore St. Croix Falls School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View St. Croix Falls School District's profile

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