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04-30-07 Item 7B, Water Tower Lease Agreement
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04-30-07 Item 7B, Water Tower Lease Agreement
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6/25/2007 4:28:49 PM
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4/26/2007 2:50:34 PM
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04-30-07 Item 7B, Water Tower Lease
General - Type
Agenda Item
Category
Black Dot Wireless Tower Lease
Date
4/30/2007
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<br />The cellular antenna lease rates for the cities of Mounds View, New Brighton, Roseville, and <br />Shoreview were collected in December 2006 to compare to the Arden Hills cellular antenna lease <br />rates: <br /> <br /> Citv <br /> Arden Mounds New <br />Company Hills Roseville View Brighton Shoreview <br />Cinoular $12,060 $22,000 $8,200 Shoreview <br />Sorint/Nextel 1 $11,892 $27,371 $15,656 $15,100 leases six <br />Sorint/Nextel 2 $18,221 $15,600 spaces on <br />Sprint/Nextel 3 $9,516 $16,300 their water <br /> tower at a <br />Sprint/Nextel 4 $24,396 rate of <br />T-Mobile 1 $13,800 $14,233 $16,656 $16,400 $20,000 <br />T-Mobile 2 $9,900 per <br />Verizon 1 $33,502 $15,791 $22,600 antenna <br />Verizon 2 $18,221 $18,818 $15,000 per year <br />Verizon 3 $23,334 $20,000 <br />Average Yearly <br />Income per <br />Antenna $12,584 $21,199 $16,730 $15,456 $20,000 <br />Average Monthly <br />Income per <br />Antenna $1,049 $1,767 $1,394 $1,288 $1,667 <br /> <br />The cellular tower lease rates are based on actual or projected revenue for 2006. The lease rates <br />are affected by the height and location of the tower as well as the need from the cellular provider <br />and the number of people a particular tower can serve. Shoreview and New Brighton indicated <br />that other wireless companies were attempting to negotiate lower lease rates. <br /> <br />
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