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FACILITIESPENDING

town-of-east-vincent-meeting-minutes-2023-05-03_e04.pdf

Township Considers Lease Proposal from Valore LLC for Cell Tower

Town of East VincentVALORE LLCMay 3, 2023

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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

Description

East Vincent Township received a draft lease proposal from Valore LLC for a cell tower facility, offering $1,500/month rent and revenue share provisions over a term up to 25 years.

Contract Details

Vendor

VALORE LLC

Agency

Town of East Vincent, PA

Contract Type

FACILITIES

Document Date

May 3, 2023

Contract Term

5 years with four 5-year renewals (total 25 years)

Renewal Info

Includes four 5-year renewal options with automatic 10% rental escalations at start of each renewal; revenue share for subtenants except first carrier.

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