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Board approves amended SDC lease for tower site at Blackrock Park
Summary
Township officials approved amended lease terms with SDC for a tower site at Blackrock Park: a retroactive 10-year term (10/13/25–10/12/35) plus one five-year renewal, $4,500 monthly rent retroactive, 3.5% annual increases, 50% of future sub-lessee rent (or $1,500), and a $20,000 signing bonus due within 60 days.
Township staff presented and the board approved amended site-agreement terms with SDC for a tower site at Blackrock Park at the Dec. 24 meeting.
Staff outlined the new terms: a 10-year term retroactive to Oct. 13, 2025, expiring Oct. 12, 2035, with one additional five-year renewal option; rent of $4,500 per month retroactive to Oct. 13, 2025, with an annual rent increase of 3.5%; 50% of future sub-lessee rent received by the lessee or $1,500 (whichever is greater) to be paid to the township; current sub-lessee rent remains unchanged; and a $20,000 signing bonus payable within 60 days of contract execution. Staff requested approval of those terms, a motion was made and seconded, and the board approved the agreement by voice vote.
The contract terms were presented as negotiated and amended and the board did not record a roll-call tally in the transcript; the meeting record shows the motion carried on an oral vote. The transcript does not include additional conditions or amendments beyond those stated by staff.
