Lambton Shores Recommends Cellular Tower Lease
- Disclosed value
- $15,000 annually, with 2.5% annual increases
- From staffreport
- Document date
- Oct 6, 2026
The 30-second brief
Lambton Shores staff recommended negotiating a property lease with Shared Tower Inc. for a telecommunications tower at 55 Clyde Street in Forest. The proposed lease would pay the Municipality $15,000 annually, increase payments by 2.5% each year, and include an initial five-year term with options for three additional five-year terms.
Shared Tower Inc holds this facilities contract with Municipality of Lambton Shores. Its other public contracts on record include work for Town of Bancroft and Township of Centre Wellington.
Term as filed: Initial five-year agreement, with options to renew for three additional five-year terms; potential total lease period of 20 years.
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Contract details
- Contract type
- Facilities
- Amount
- $15,000 annually, with 2.5% annual increases
- Document date
- October 6, 2026
- Term
- Initial five-year agreement, with options to renew for three additional five-year terms; potential total lease period of 20 years
- Vendor
- Shared Tower Inc
- Source document
- The Municipality of Lambton Shores StaffReport Cellular Tower Proposed Property Lease 2026-10-06 (StaffReport)
Shared Tower Inc's other public contracts
More Municipality of Lambton Shores contracts
Questions about this contract
Who was awarded the facilities contract by Municipality of Lambton Shores?
Shared Tower Inc was awarded this facilities contract by Municipality of Lambton Shores, as recorded on October 6, 2026. The contract value is $15,000 annually, with 2.5% annual increases.
How much is the Shared Tower Inc contract with Municipality of Lambton Shores worth?
The Shared Tower Inc contract with Municipality of Lambton Shores is valued at $15,000 annually, with 2.5% annual increases, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in The Municipality of Lambton Shores StaffReport Cellular Tower Proposed Property Lease 2026-10-06 (StaffReport), dated October 6, 2026 from Municipality of Lambton Shores. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Shared Tower Inc hold?
Shared Tower Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Municipality of Lambton Shores currently buying?
Explore Municipality of Lambton Shores's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.