After a two-week delay due to an incomplete property appraisal, the borough assembly has approved the lease for a new cell tower. The first tenant of the new tower near the city landfill will be Verizon Wireless, though additional carriers could be added later.
The lease was delayed from the assembly’s July 27 meeting to wait for the appraisal. Lease fees on borough land are based on property value. The lease will be $645 a month.
The payments to the borough will increase if more cell providers are added to the tower.
The assembly approved the lease unanimously at its Aug. 11 meeting.
The asse...
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