The City of Palm Bay is requesting proposals for the sale of cellular telephone tower leases for rental income from five cell towers. The city receives rent from 11 leases, generating $15,205.66 in monthly rents. The city will consider proposals for all tower leases for 15 or 30 years only, with split-pay or revenue sharing components. The contract document includes various attachments, such as lease documents and addendums.
• The city is selling leases for five cell towers.
• The leases generate $15,205.66 in monthly rents.
• Proposals are being accepted for 15 or 30 year leases.
• Split-pay or revenue sharing components will be considered.
• Various attachments are included, such as lease documents and addendums.