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Council directs staff to negotiate proposed T‑Mobile lease extension for Water Tower No. 1
Committee of the Whole · August 12, 2025
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Summary
Staff reported a draft lease amendment from Catalyst Network Services (for T‑Mobile) proposing $3,500 monthly rent with a 15% escalator every five years; Alderson McIntyre urged staff to negotiate for higher initial rent and the council directed staff to pursue negotiations.
City staff briefed the Committee on a draft lease extension request for Water Tower No. 1 from Catalyst Network Services on behalf of T‑Mobile.
Staff said the current lease began in 2007 and that the draft amendment would take effect on Aug. 1, 2027, offering six 5‑year…
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