Leasing Municipal Land

Under the typical “LEASE” arrangement the municipality enters into a long-term agreement with a third party, either a tower company or a wireless carrier for the purpose of constructing a cell tower. This third party will build the tower and then sublease the space on the tower and the ground to other wireless tenants. The municipality may receive a flat monthly fee or percentage of rent or a combination of both as compensation for leasing the land.

The inherent problem with this arrangement is that the municipality will not own the tower and will have no say in the sublease agreements. The municipality will give up its rights to participate in the subsequent sub-lease negotiations and will ultimately have no say in what the sublease looks like or how much rent is being charged.

You could be short changed thousands of dollars in revenue over a 25-year period.

Owning the Communications Tower with MTOP™

Under the MTOP™ (Municipal Tower Ownership Program) the municipality will own the tower. JNS will act as the municipality’s agent to design, build, market and maintain the tower on behalf of the municipality. Every aspect associated with the development and ongoing operation of the tower is handled by JNS and is transparent to the community. All decisions relating to the type of tower, height, location, finish and rental rates are contingent upon the municipality’s board approval. JNS is compensated only through the rental fees collected.