Negotiations Authorized with TowerNorth for City Cell Tower Lease
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Description
The City Council authorized staff to commence negotiations with TowerNorth for a proposed ground lease to build a new cell tower at the Compost Center, targeting improved local wireless coverage and new City lease revenue.
Contract Details
Contract Amount
Initial payment $125,000; revenue share 30% of sub-rent per carrier/month
Vendor
TOWERNORTH
Agency
City of Lake Forest, IL
Contract Type
FACILITIES
Document Date
November 3, 2025
Contract Term
Lease terms pending negotiation; proposal includes due diligence 6-9 months, tower construction 90-120 days, anticipated lease area 60’ x 60’, tower height 160’
Renewal Info
Lease terms to be negotiated, likely to include multi-year initial term with renewal options for additional periods.
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