Delaware County Council Meeting Agenda February 2025
County Leases American Tower Site for New 911 System
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Description
Delaware County Council approved a 10-year lease with American Tower Management LLC for a 911 radio system tower at 301 Iven Avenue in Radnor with initial annual rent of $39,600.00 and 3% yearly increases after year one, plus options for three additional 5-year terms. The lease is funded through the emergency services budget and is subject to Solicitor's approval.
Contract Details
Contract Amount
$39,600.00 annually, subject to 3% increase after initial year
Vendor
AMERICAN TOWER MANAGEMENT LLC
Agency
Delaware County Industrial Development Authority, PA
Contract Type
FACILITIES
Document Date
February 18, 2025
Contract Term
10 years with options for three additional 5-year terms
Renewal Info
Initial 10-year term with three optional 5-year renewal terms; rent escalates 3% annually after the first year.
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AMENDEDIssuing Agency
Delaware County Industrial Development Authority
Special District
Media, PA
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