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Council approves first amendment to tower lease with ‘Singular’ tenant
Summary
Council approved Resolution 2025-50 to authorize a first amendment to an existing option-and-lease agreement with a tenant identified in the packet as 'Singular' (listed as a successor to earlier tower lessees dating to 2006). The amendment was moved, seconded, and approved by voice vote.
The City of Live Oak voted to authorize a first amendment to an existing option-and-lease agreement with a firm identified in the meeting packet as 'Singular' (referenced in the packet as a successor to prior lessees dating to 2006). According to staff, the company maintains equipment on one of the city's towers and the amendment updates terms of the current lease arrangement.
Speaker 1 introduced City Council Resolution 2025-50 and described the amendment as a continuation of a revenue stream for the city that dates back to predecessor agreements. Speaker 5 moved to authorize the execution of the first amendment to the option-and-lease agreement; Speaker 3 seconded the motion and the council approved the resolution by voice vote.
What’s next: staff will finalize the amendment documents with the lessee and return executed copies as required by city procedures.
