The Southington Town Council has approved a proposal from Verizon to construct a new 90-foot cell tower on a piece of land owned by the Town. The additional infrastructure is needed in order to accommodate the growing mobile demands of Southington residents. According to The Courant, “The town will make money through lease payments of $2,000 a month and half of all rental income the tower generated for Verizon, which can lease space on the tower to other providers.”
At this point in the process, the question is whether the Town of Southington has truly received an optimal lease for the use of their land to house the telecom equipment. Vertical Consultants can work to negotiate terms that establish rights that are beneficial to the landowner while limiting the obligations that same party may have under that same agreement, or more to the point get the most and give up the least. A property owner’s first step will need to be to establish “True Value” of its site and go from there.