Towerpointe Lease Buyout Proposal Discussed by Town Council
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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.
More from TOWERPOINTE
More from Town of Whitmire
town_council_meeting_minutes_november_10_2025.pdf
town_of_whitmire_council_meeting_minutes_september.pdf
town-of-whitmire-council-meeting-minutes-july-14-2025_726.pdf
Town of Whitmire Council Meeting Minutes January 2025
Town of Whitmire Council Meeting Minutes January 2025
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