Village of Swansea Draft Budget FY27 March 2026
SBA Tower Lease Provides Ongoing Rental Revenue
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Description
The Village continues its tower lease with SBA Tower at $1,520.88 per month, with 15% increases every five years. This agreement provides ongoing rental income to Swansea.
Contract Details
Contract Amount
$1,520.88/mo with 15% increase every 5 years
Vendor
SBA TOWER
Agency
Swansea village, IL
Contract Type
FACILITIES
Document Date
March 16, 2026
Contract Term
long-term lease with 5-year escalation
Renewal Info
Long-term lease in place with scheduled 5-year rate escalations; renewal beyond current term not detailed.
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