Botetourt County Board of Supervisors Agenda Packet 2026-05-26
Fincastle Tower Lease Extended with Botetourt Land Holdings
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Description
The Board of Supervisors renewed the site lease with Botetourt Land Holdings for the Fincastle communications tower for a 15-year term with one 15-year extension option. The lease includes ongoing monthly payments and a revenue-sharing arrangement.
Contract Details
Vendor
BOTETOURT LAND HOLDINGS
Agency
Botetourt County, VA
Contract Type
FACILITIES
Document Date
May 26, 2026
Contract Term
15-year lease term with one 15-year extension option, beginning 2028
Renewal Date
2043-10-01
Renewal Info
One 15-year extension option following current renewal; restated lease replaces prior version set to expire in 2028.
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