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Belgium rejects AT and T's lease amendment, seeks $3,000 monthly counteroffer
Summary
The board approved the Public Utilities Committee recommendation to deny AT and T Communications' lease amendment request for the village tower and asked staff to pursue a new amendment offering $3,000 per month with a 25% escalator every five years beginning in 2031.
The Village of Belgium board voted on July 13 to deny an amendment proposed by AT and T Communications to its lease for space on a village tower and directed staff to request a counteroffer of $3,000 per month with a 25% escalator every five years starting in 2031.
Chair summarized that the village has two tenants on the tower—T Mobile and AT and T—and that the Public Utilities Committee reviewed both leases and concluded AT and T's proposed amendment was below market and proposed a reduced escalator. Chair said the committee would counter with terms "fair compared to market" and based on the recently amended T Mobile lease.
The board moved to approve the Public Utilities Committee recommendation to deny the amendment and seek the $3,000/month offer; the motion was seconded and passed by voice vote.
Next steps: Staff will communicate the counteroffer request to AT and T Communications and proceed with negotiations per direction from the Public Utilities Committee.
