Township Reviews 1st Net AT&T Tower Land Lease
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Description
Fall Creek Township heard a proposal from 1st Net to lease township office land for an AT&T network tower under a 90-year ground lease. The concept includes starting rent of $1,000 per month plus $300 per carrier with a 2% annual increase, but the board deferred a decision for further discussion.
Contract Details
Contract Amount
$1,000 per month to start + $300 per carrier added on, with 2% annual increase
Vendor
1ST NET
Agency
Town of Fall Creek, IN
Contract Type
FACILITIES
Document Date
September 11, 2025
Contract Term
90-year lease
Renewal Info
Long-term 90-year ground lease proposed; no renewals or options discussed in the minutes. Proposal remains under consideration with no approval yet.
More from 1ST NET
More from Town of Fall Creek
Fall Creek Township Meeting Minutes September 25th, 2025
Fall Creek Township Meeting Minutes September 25th, 2025
fall-creek-township-meeting-minutes-september-11-2025_d69.pdf
fall-creek-township-meeting-minutes-september-11-2025_d69.pdf
fall-creek-township-meeting-minutes-september-11-2025_d69.pdf
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