Adams-Wells Regional News

Tuesday, February 15, 2011

AT&T seeks change in lease of water tower space

Huntington County Tab:

Jack Squire, of UNI-SON, presented a proposal for a lease conver-sion program for the AT&T antenna on the Eleventh Street water tower to the Warren Town Council during its Feb. 14 meeting.

Squire proposed an upfront payment of $79,250 to buy out the current lease of $990 per month, representing approximately six years of payments. Warren's water department would receive 50 percent of the lease amount of any additional equipment placed on the tower, but would receive no further funds from the AT&T lease.

The council agreed to delay action until the proposal can be examined more in depth....

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