Albany County approves five-year T-Mobile lease at Shaker Place tower, revenue to rise 3% annually

2253378 ยท January 29, 2025

Loading...

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The county approved a five-year lease with T-Mobile for wireless equipment at the Shaker Place tower; current rent is $3,322 per month and the new agreement increases rent 3% annually, starting Sept. 1.

Albany County approved a five-year lease with T-Mobile for wireless communication equipment at the Shaker Place tower; the county's revenues from the site are expected to rise by 3% annually under the new agreement.

Staff described the arrangement as a revenue contract and told the board the site has hosted cellular infrastructure for more than 15 years. The presentation stated current rent is about $3,322 per month and that the new five-year agreement includes a 3% annual increase. Staff said the lease term starts Sept. 1.

Board members asked only clerical questions about the start date. A motion to approve the lease was made and seconded; the board voted in favor and the motion passed.

The county framed the agreement as strictly revenue-generating and said it imposes no operational burden on county facilities. The item was presented on the record as an authorization for T-Mobile (the transcript text refers to "T Mobile Mortgage" in the agenda language) to provide wireless communication equipment at 100 Heritage Lane and on the Shaker Place tower.