HP to Reap $100k From Cell Antennas
The Highland Park Town Council approved an increased lease payment for cell antennas on the town’s water tower Monday.
Lessees will now pay $4,166 per month to lease space on the water tower, an increase from the current $2,500 per month. Five companies — AT&T Mobility, Metro PCS, Sprint Spectrum, T-Mobile, and Verizon Wireless — lease space on the tower.
Leases are subject to a 3 percent annual escalation; the new fees are expected to bring the city an additional $99,960 per year. The first long-term lease agreement for tower space was entered into in October 1996, according to city documents.
By Bradford Pearson
Sep. 27, 2011 | 10:15 am | 9 Comments | Comments RSS







9 comments to "HP to Reap $100k From Cell Antennas"
Sorry, I just had to do it.
That’s only in UP!
This could have been a prime opportunity for free wifi in HP, given that there are 5 carriers on HP’s water tower.
Simply said, looks like some HP council members left goodies on the table.
You get what you vote for.
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