City to consider ground lease agreement with TowerPoint
- Disclosed value
- $305,000
- From minutes
- Document date
- Oct 2, 2025
- Term
- Perpetual
The 30-second brief
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.
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.
Term as filed: Perpetual.
See who signed off on this $305K contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Ground Lease Agreement
- Amount
- $305,000
- Document date
- October 2, 2025
- Term
- Perpetual
- Vendor
- Towerpoint Capital
- Agency
- City of Two Rivers
- 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.
Show 2 more questions
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.