News Staff
Tuesday, March 14, 2023
For several months the Ainsworth City Council has been negotiating with Tower Alliance to continue leasing city owned property for its cell tower near Ainsworth’s Solid Waste Treatment Plant. The final lease agreement included: • Additional 5, 5 year terms; • Increased annual rent from $5,400 to $8,400 effective immediately; • Two percent (2%) rent escalation per year; • Ten percent (10%) revenue share on new tenants on the tower; and • One time signing bonus of $10,000.