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Pekin Considers $325,000 TowerPoint Cell Tower Easement Deal

City of Pekin city
Disclosed value
$325,000
From agenda
Document date
Sep 22, 2025

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What it covers

Pekin city council is considering an easement agreement with TowerPoint Acquisitions, LLC for a cell tower site at the wastewater treatment plant. TowerPoint is offering $325,000 for the city's interest in the lease, allowing the city to continue collecting monthly rent from Dish equipment and split any new tenant revenue 50/50.

Who holds it

Towerpoint Acquisitions holds this easement agreement contract with City of Pekin city. Its other public contracts on record include work for City of Jonesville and Town of Pekin.

Contract details

Contract type
Easement Agreement
Amount
$325,000
Document date
September 22, 2025
Term
NA
Vendor
Towerpoint Acquisitions
Agency
City of Pekin city
Source document
city-of-pekin-city-council-meeting-agenda-september-22-2025_966.pdf (Agenda)

Towerpoint Acquisitions's other public contracts

City of Jonesville, MichiganTowerPoint proposes $303K purchase of telecom easement · Oct 15, 2025$303KCity of Pekin city, IllinoisNegotiating Easement Agreement with TowerPoint Acquisitions · Sep 22, 2025UndisclosedTown of Pekin, IllinoisPekin Approves Easement Agreement with TowerPoint for Cell Tower · Sep 17, 2025$325KHarwood Heights village, IllinoisTowerPoint Acquisitions proposes $650K lease agreement · Sep 4, 2025$650KTown of Chouteau, OklahomaTowerpoint Acquisitions to purchase water tower leasehold · Aug 11, 2025$110KAll Towerpoint Acquisitions contractsVendor profile

More City of Pekin city contracts

Pekin Park DistrictPekin Updates Splash Pad TIF Agreement With Park District · Jul 13, 2026UndisclosedCLOUDPOINTCloudpoint Continues Providing GIS Support to Pekin · Jul 13, 2026UndisclosedGreater Peoria Economic Development CouncilPekin Renews $25,000 Partnership With GPEDC · Jul 13, 2026$25KJacob & KleinJacob & Klein Guides TIF Compliance on Splash Pad · Jul 13, 2026UndisclosedAxon Enterprise IncPekin OKs Five-Year Axon Body Camera Agreement · Jul 13, 2026$40.2KAll City of Pekin city activityAgency profile

Questions about this contract

Who was awarded the easement agreement contract by City of Pekin city?

Towerpoint Acquisitions was awarded this easement agreement contract by City of Pekin city, as recorded on September 22, 2025. The contract value is $325,000.

How much is the Towerpoint Acquisitions contract with City of Pekin city worth?

The Towerpoint Acquisitions contract with City of Pekin city is valued at $325,000, covering easement agreement work.

What type of contract is this?

This is a Easement Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-pekin-city-council-meeting-agenda-september-22-2025_966.pdf (Agenda), dated September 22, 2025 from City of Pekin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Towerpoint Acquisitions hold?

Towerpoint Acquisitions 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 Pekin city currently buying?

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

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