cell antenna revenue sharing on city property
Sharing income from cell antennas on city property.
Watch for the signed lease/easement terms and how the city tracks and collects the 60% share from any future tenants.
Typically discussed at City Council. Check back when the next agenda is published.
City Council approved a TowerPoint ground lease for a cell antenna on city land at 2701 18th St. The deal brings in $305,000 upfront plus 60% of future revenue if more carriers add equipment, and it includes a perpetual telecom easement that ties up the site long-term.
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passed 7-0 City Council · Oct 20, 2025 25-208 Consideration of a Ground Lease Agreement Between the City of Two Rivers and TowerPoint
Motion to approve and authorize City Manager to sign the agreement on behalf of the City (Ground Lease Agreement Between the City of Two Rivers and TowerPoint)
Mark Bittner YesShannon Derby YesBill LeClair YesDarla LeClair YesTim Petri YesBonnie Shimulunas YesScott Stechmesser Yes
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City Council approved a ground lease agreement with TowerPoint for a cell antenna on city-owned property at 2701 18th Street, including a perpetual telecommunications easement.
City Council -
The approved agreement provides the city a one-time $305,000 payment plus 60% of future revenue from additional tenants locating equipment at the site.
City Council -
Council action on the item was recorded as passed, with the recommended action authorizing the City Manager to sign the agreement.
City Council