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Two Rivers council approves $305,000 tower lease payout, lists city land and awards fuel contract; youth-sports lease tabled

6442908 · October 21, 2025
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

At its Oct. 20 meeting the Two Rivers City Council approved a $305,000 one-time payment and a 60/40 future-revenue split for the city's cellular tower lease, authorized listing of a 1.3-acre parcel for sale, and awarded a municipal fuel contract; council tabled a proposed 15-year ground lease with a youth-sports nonprofit.

The Two Rivers City Council on Monday, Oct. 20, 2025 approved a package of agreements intended to generate immediate and recurring revenue for the city and to formalize several property arrangements, while tabling action on a proposed long-term lease for youth sports fields.

The actions were taken during the council's regular meeting at city hall and were approved by voice vote unless otherwise noted.

The agenda items addressed short-term budget needs and long-term revenue prospects. The largest immediate transaction approved will bring $305,000 to the city in exchange for a telecommunications easement and the monetization of the city's existing US Cellular tower lease; the council also approved a new listing contract to market a 1.3-acre vacant city parcel and authorized a municipal fleet fuel agreement intended to lower annual fuel costs.

Votes at a glance:

- Tower lease monetization (TowerPoint): Approved. The council authorized an agreement under which TowerPoint would pay the city $305,000 up front for rights tied to the existing US Cellular tower and a telecommunications easement. Future revenue from new tenants solicited for the tower would be split 60% to the city and 40% to TowerPoint. The council also authorized the city manager to sign the agreement on the city's behalf.

- Vacant-land listing (Eighteenth & Hawthorne): Approved. The council authorized a listing contract with Weichert Realtors Cornerstone to market a 1.3-acre city-owned parcel, priced at $139,900, with the goal of attracting residential development (multifamily, duplexes, townhomes or similar). The council…

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