Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Telecommunications topic
No spam. Unsubscribe anytime.
Rothschild approves T‑Mobile cell‑site amendment expected to raise monthly revenue
Summary
The board approved an amendment to the village cell‑tower agreement to add 240 sq ft of ground equipment for an additional $1,150 per month (Concordia Wireless on behalf of AT&T), increasing total monthly revenue to about $4,668.69; the motion passed unanimously.
Village Administrator Ryan VanDeWalle told trustees that the current tower agreement yields $42,224.30 in annual revenue with a 4% annual escalator. Concordia Wireless, on behalf of AT&T, proposed adding 240 square feet of ground equipment at the site for $1,150 per month. VanDeWalle said that addition would raise total monthly receipts to approximately $4,668.69 (and remain subject to the 4% annual escalator) and could offset the need for a separate tower in the Cedar Creek area.
Trustee Bill Schremp moved to approve the T‑Mobile cell tower agreement amendment as presented; the board approved the amendment 7–0.
The amendment keeps colocated services at a single site and adds near‑term revenue to village coffers while maintaining a comparatively high escalator in the base agreement.
