Village of Hudson Falls Board of Trustees Minutes November 2025
Lease & Perpetual Easement Agreement Assigned to TPA VI LLC
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Description
The Village of Hudson Falls Board of Trustees approved the assignment of water tower lease agreements and a perpetual easement to TPA VI, LLC. The transaction brings in a one-time payment of $900,400 to the Village. Mayor Barton is authorized to finalize and execute the legal agreements.
Contract Details
Contract Amount
$900,400
Vendor
TPA VI LLC
Agency
Village of Hudson Falls, NY
Contract Type
OTHER
Document Date
November 10, 2025
Contract Term
perpetual term Easement Agreement (commencement date is transaction closing in 2025)
Renewal Info
This is a perpetual agreement; no renewals or extensions anticipated. Assignment covers historic agreements with Verizon Wireless (Cellco) and New Cingular Wireless. Lump sum payment at closing.
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