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Council hears update on TowerPoint cell-tower lease offer; seeks more research
Summary
Councilors received an informational update that TowerPoint made an offer concerning existing cell-tower leases; council directed staff to research the proposal and returned the item with no vote.
At the Oct. 14 meeting the Tower City Council received an informational update about an offer from TowerPoint regarding the city’s current cell-tower leases.
Mayor David Setterberg, Councilor Bob Anderson and Clerk/Treasurer Michael Schultz provided the update; no terms or dollar figures were included in the meeting minutes. Council members directed staff to conduct further research and did not take formal action on the proposal at this meeting.
Council asked staff to return the matter with additional information for future consideration. The record does not identify the specific lease terms or whether the offer would involve a new lease, assignment or buyout; the council’s request for more information indicates additional public discussion and possible future action.
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