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Middletown council approves T‑Mobile lease renewal with lump‑sum payments and 4% annual increases
Summary
Council approved a resolution renewing the town’s cell‑tower lease with T‑Mobile, setting a 5‑year term (with automatic successive renewals), an annual rent set at $36,747.59 commencing 06/19/2025, a one‑time lump payment of $6,009.27 and additional negotiated lump sums to normalize prior rates.
The Town of Middletown council voted to pass a resolution renewing the town’s lease with T‑Mobile for an existing cell‑tower site. The presentation noted that the original 25‑year lease began in March 1998 and expired on June 18, 2023, but T‑Mobile continued annual payments during negotiations.
Under the approved…
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