franklin-redevelopment-and-housing-authority-agenda-2025-03-24_5c2.pdf
Franklin considers purchasing Pretlow Communication Tower from Tower Ventures
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Description
Tower Ventures is offering to sell the City of Franklin the communication tower located at 1024 Pretlow Street for $125,000. The city had been considering leasing the site at $1000/month with 3% annual escalation. By purchasing the tower, the City would save over $100,000 and avoid future expenses.
Contract Details
Contract Amount
$125,000
Vendor
TOWER VENTURES
Agency
Franklin Redevelopment and Housing Authority, VA
Contract Type
Sale
Document Date
March 24, 2025
Contract Term
NA
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