LICENSEAPPROVED

Heber City Planning Commission Meeting Agenda May 2026

Heber City Leases Hospital Well Site to Atlas Towers

$150,000 one-time payment plus monthly rent starting at $800, with additional $500 per month per additional tenant; estimated total $582,000 over 20 yearsCity of HeberATLAS TOWERSMay 12, 2026

Trusted by teams at

Description

Heber City entered into a long-term ground lease with Atlas Towers to construct and operate a 65‑foot monopole wireless facility on the City’s Hospital Well property. The conditional lease runs for 20 years with renewal options and is projected to generate approximately $582,000 in revenue through a combination of a $150,000 upfront payment and monthly rent tied to carrier co-location.

Contract Details

Contract Amount

$150,000 one-time payment plus monthly rent starting at $800, with additional $500 per month per additional tenant; estimated total $582,000 over 20 years

Vendor

ATLAS TOWERS

Agency

City of Heber, UT

Contract Type

LICENSE

Document Date

May 12, 2026

Contract Term

20-year term (240 months) beginning upon Commencement Date, with two 5-year renewal options; 12‑month testing period prior to commencement

Renewal Info

Initial term of 240 months starting on the Commencement Date, followed by two automatic 5‑year renewal terms unless Tenant provides notice of non-renewal at least 30 days before the end of the then‑current term. Rent escalates 2% annually on the anniversary of the Commencement Date. Lease may terminate if Government Approvals are not obtained, or if the City exercises a pre-approval termination right before approvals.