This contract is for a ground lease between Bay County and Crown Castle PT, Inc. for a cell tower site located in Panama City, Florida. The lease has a term of 5 years, with the option to renew for an additional 5 years. The annual rent is $10,768, with an additional $1,200 per year for each personal wireless telephony carrier. The contract outlines the terms and conditions of the lease, including the use of the cell tower site, access and utility easements, and the responsibilities of both parties. The contract also includes provisions for termination, relocation, and indemnification.
• The lease is for a cell tower site located in Panama City, Florida.
• The term of the lease is 5 years, with the option to renew for an additional 5 years.
• The annual rent is $10,768, with an additional $1,200 per year for each personal wireless telephony carrier.
• The contract outlines the terms and conditions of the lease, including the use of the cell tower site, access and utility easements, and the responsibilities of both parties.
• The contract includes provisions for termination, relocation, and indemnification.