City Weighs $700K Water Tower Easement Deal
City of HartCity · Hart, MI- Disclosed value
- $700,000 one-time payment plus 50% of net rental revenues from future additional carriers
- From agenda
- Document date
- Jul 14, 2026
- Renews
- Free account
The 30-second brief
Hart officials are considering a 55‑year easement agreement with EIP Holdings IV LLC for the city’s water tower wireless site. The deal would pay the City $700,000 at closing and share 50% of net revenues from any additional wireless carriers locating on the tower.
Eip Holdings Iv LLC holds this facilities contract with City of Hart. Its other public contracts on record include work for Sarasota Manatee Airport Authority and Moorhead Public Service.
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Contract details
- Contract type
- Facilities
- Amount
- $700,000 one-time payment plus 50% of net rental revenues from future additional carriers
- Document date
- July 14, 2026
- Term
- Easement term of 55 years from Effective Date; revenue sharing on additional carriers for the duration
- Renews
- On record
- Vendor
- Eip Holdings Iv LLC
- Agency
- City of Hart
- Source document
- City of Hart City Council Agenda 2026-07-14 (Agenda)
Eip Holdings Iv LLC's other public contracts
More City of Hart contracts
Questions about this contract
Who was awarded the facilities contract by City of Hart?
Eip Holdings Iv LLC was awarded this facilities contract by City of Hart, as recorded on July 14, 2026. The contract value is $700,000 one-time payment plus 50% of net rental revenues from future additional carriers.
How much is the Eip Holdings Iv LLC contract with City of Hart worth?
The Eip Holdings Iv LLC contract with City of Hart is valued at $700,000 one-time payment plus 50% of net rental revenues from future additional carriers, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Hart City Council Agenda 2026-07-14 (Agenda), dated July 14, 2026 from City of Hart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Eip Holdings Iv LLC hold?
Eip Holdings Iv LLC 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 Hart currently buying?
Explore City of Hart's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
