A property owner in Eldorado, North Carolina, is in the process of receiving approval from the County Planning Board for a new cell tower to be constructed on her private land. The proposed tower would stand 260 feet tall and would be built by a tower company. A couple of the leading mobile carriers in the area currently have limited to no coverage. According to a representative from the construction company, “Eventually the tower would be used to provide select areas with cell service where it is otherwise extremely limited or weak.”
If the landowner receives approval for tower placement, it is important that she is properly informed and represented prior to signing any agreement. She must make sure she receives the true value for the use of her land, including any revenue sharing produced from co-locator income. Vertical Consultants has worked with all types of property owners, including individuals, who are being paid below-market value for the use of their property. The primary reason for this is the lack of information and representation provided for these entities.
(http://www.montgomeryherald.com/news/article_02f1e176-46e7-11e3-87c4-0019bb2963f4.html)
