Medium PriorityTaxes Budgetopen
Cell Tower Ground Lease with ADI Operating Company
Summary
The city renewed its cell tower ground lease at 1507 6th Avenue under better terms: rent jumps from $758 to $1,200 a month starting July, with 2% annual increases and up to 30 years of renewals.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Feb 2, 2026.
Impact analysis
💰Financial impact
Roughly $5,300 more per year in lease revenue to the city, growing 2% annually.
✅Who benefits
City taxpayers, through higher lease revenue for city-owned property.
Mentions & discussions (1)
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