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City Reviews SBA Cell Tower Lease Buyout Offer

Town of Geneseo logoTown of Geneseo
Disclosed value
$228,000 initial offer; $220,000 option agreement proposal
From agenda
Document date
Mar 23, 2021
Renews
Free account

The 30-second brief

What it covers

Geneseo’s Committee of the Whole reviewed SBA Towers X, LLC’s proposal to buy out the City’s cell tower ground lease at the electrical line shed. SBA offered a lump sum payment of $228,000 and an option for a perpetual communications easement with a $220,000 purchase price, leveraging its contractual right of first refusal.

Who holds it

Sba Towers X LLC holds this contract with Town of Geneseo. Its other public contracts on record include work for City of Rincon and Suwannee County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Geneseo contract.

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Contract details

Amount
$228,000 initial offer; $220,000 option agreement proposal
Document date
March 23, 2021
Term
Option period of 75 days with perpetual communications easement upon closing
Renews
Free account
Vendor
Sba Towers X LLC
Agency
Town of Geneseo
Source document
committee_of_the_whole_meeting_agenda_march_2021.pdf (Agenda)

Sba Towers X LLC's other public contracts

City of Rincon, GeorgiaSBA Towers X Identified for New Wireless Tower · Oct 20, 2026UndisclosedSuwannee County, FloridaAntenna Site Agreement Approved · Aug 18, 2026UndisclosedSuwannee County, FloridaCounty Approves SBA Towers Fire Radio Agreement · Aug 18, 2026UndisclosedSuwannee County, FloridaTower Site Agreement Approved for Fire Rescue · Aug 4, 2026UndisclosedSuwannee County, FloridaAntenna Site Agreement Approved for Fire Rescue · Aug 4, 2026UndisclosedAll Sba Towers X LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Town of Geneseo?

Sba Towers X LLC was awarded this government contract by Town of Geneseo, as recorded on March 23, 2021. The contract value is $228,000 initial offer; $220,000 option agreement proposal.

How much is the Sba Towers X LLC contract with Town of Geneseo worth?

The Sba Towers X LLC contract with Town of Geneseo is valued at $228,000 initial offer; $220,000 option agreement proposal.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in committee_of_the_whole_meeting_agenda_march_2021.pdf (Agenda), dated March 23, 2021 from Town of Geneseo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sba Towers X LLC hold?

Sba Towers X LLC 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 Town of Geneseo currently buying?

Explore Town of Geneseo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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