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Town of Whitmire Council Meeting Minutes January 2025

Towerpointe Lease Buyout Proposal Discussed by Town Council

$260,890.00Town of WhitmireTOWERPOINTEJanuary 12, 2025

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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
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Description

The Town Council discussed an offer from Towerpointe to purchase the town's cell tower lease for a lump sum of $260,890.00 or as recurring payments over 35 years. No decision was finalized as council members plan further discussion.

Contract Details

Contract Amount

$260,890.00

Vendor

TOWERPOINTE

Agency

Town of Whitmire, SC

Contract Type

OTHER

Document Date

January 12, 2025

Contract Term

One lump sum payment; 2nd option over a 35-year period

Renewal Info

No decision made; pending further council discussion.

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