CONTRACTPENDING

City to consider ground lease agreement with TowerPoint

City of Two Rivers logoCity of Two Rivers
Disclosed value
$305,000
From minutes
Document date
Oct 2, 2025
Term
Perpetual

The 30-second brief

What it covers

City considers the ground lease agreement with TowerPoint which provides a perpetual telecommunications easement for the cell antenna on City-owned property at 2701 18th Street in exchange for a one-time payment of $305,000 plus 60% of all future revenue realized from future tenants locating equipment at this location.

Who holds it

Towerpoint Capital holds this ground lease agreement contract with City of Two Rivers. Its other public contracts on record include work for Town of Long Beach and Town of Lookout.

What happens next

Term as filed: Perpetual.

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Contract details

Contract type
Ground Lease Agreement
Amount
$305,000
Document date
October 2, 2025
Term
Perpetual
Source document
personnel_and_finance_committee_meeting_minutes_oc.pdf (Minutes)

Towerpoint Capital's other public contracts

More City of Two Rivers contracts

Questions about this contract

Who was awarded the ground lease agreement contract by City of Two Rivers?

Towerpoint Capital was awarded this ground lease agreement contract by City of Two Rivers, as recorded on October 2, 2025. The contract value is $305,000.

How much is the Towerpoint Capital contract with City of Two Rivers worth?

The Towerpoint Capital contract with City of Two Rivers is valued at $305,000, covering ground lease agreement work.

What type of contract is this?

This is a Ground Lease Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in personnel_and_finance_committee_meeting_minutes_oc.pdf (Minutes), dated October 2, 2025 from City of Two Rivers. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Towerpoint Capital hold?

Towerpoint Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Two Rivers currently buying?

Explore City of Two Rivers's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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