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Fircrest City Council AgendaPacket Study Session 2026-06-15

Fircrest Golf Club Evaluates $185K T-Mobile Lease Buyout

$185,000City of FircrestTOWERPOINT ACQUISITIONS LLCJune 15, 2026

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Description

Fircrest Golf Club has received a $185,000 lease buyout offer from TowerPoint Acquisitions, LLC for the T-Mobile site, with a 99-year telecommunications easement and revenue share. The agreement is under consideration and has not yet been approved.

Contract Details

Contract Amount

$185,000

Vendor

TOWERPOINT ACQUISITIONS LLC

Agency

City of Fircrest, WA

Contract Type

OTHER

Document Date

June 15, 2026

Contract Term

99 Years

Renewal Date

2125-06-15

Renewal Info

LOI valid through June 30, 2026, with closing possible 14 days post-contingency. 99-year term. Pending formal agreement and due diligence; not yet executed.

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