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Board approves ground space lease with Diamond Communications for Read Mountain site
Summary
The Board approved a ground space lease with Diamond Communications to site a communications tower at Read Mountain Fire Department/911 complex, with a potential 42‑year term and revenue-sharing on subleases; staff affirmed legal sufficiency.
Botetourt County approved a ground space lease May 26 with Diamond Communications for a communications tower at the Read Mountain Fire Department and Public Safety Complex.
Communications Systems Manager Matt Hinckle summarized key lease terms: an initial six‑month term with a six‑month optional extension for due diligence, an optional five‑year term with multiple five‑year renewals potentially creating a 42‑year total term, a one‑time site development fee of $25,000 upon commencement of installation of the first subtenant, and revenue sharing of 40% of the first subtenant rent and 50% for second and subsequent subtenants. The County Attorney confirmed the lease was legally sufficient and staff recommended approval; the Board voted unanimously to authorize execution of related documents.
Staff noted the lease resulted from a previously approved RFP process and recommended final execution by county staff.
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