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Council denies AT&T request to renegotiate lease at Beechwood water tower
Summary
Council voted to deny AT&T’s proposed changes to its lease on the Beechwood water tower, rejecting an offer to extend the lease in exchange for a reduced monthly rate and an easement arrangement.
The City of Lake Jackson City Council voted Monday to deny AT&T’s request to renegotiate its lease for communications equipment on the Beechwood water tower.
Council members discussed a proposal from AT&T to extend its lease (the existing lease runs through 2038) to a longer term in exchange for a reduced monthly rate and a lump-sum payment. According to staff, AT&T characterized the industry-wide expansion of 5G as a driver for its request and…
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