Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate Revenue topic
No spam. Unsubscribe anytime.
Board flags cellphone tower lease at NFHS maintenance barn for attorney review; revenue about $30,000 annually
Summary
Superintendent told the Board the lease for a cellphone tower near the high school maintenance barn, which generates approximately $30,000 annually, expires Oct. 26, 2025; the district will have its attorney review the document before proceeding because the lease is complex.
The district briefed the Board that a cellular antenna lease on property near the Niagara Falls High School maintenance barn generates about $30,000 per year and will expire Oct. 26, 2025. The superintendent asked the district attorney to review the lease before the Board considers extension.
Superintendent Mark Lohrey said the lease is "a little bit of a convoluted and complicated lease" and that the district would seek counsel review before moving forward. "I'm interested in gaining the revenue from that," he said, but added he wanted the attorney to "take a deeper dive" and confirm there are no problematic clauses, including provisions that might allow a carrier to abandon equipment.
Why this matters: the lease represents recurring revenues to the district and a long‑term commitment that may contain clauses affecting equipment abandonment, term length and liability; the Board asked staff to pause and seek legal review before approving any extension.
Next steps: district staff will meet with counsel to vet the lease and return to the Board with recommendations; the superintendent said the item may be removed from the agenda pending counsel review.
