Tower Site Lease Agreement - October 1, 2024 - Lease Terms and Rent Provisions

Sep 4, 2026

Tower Site Lease Agreement between Fannin County (Lessor) and 360 Broadband, LLC (Lessee) effective October 1, 2024. Grants the Lessee the right to enter and occupy a defined portion of land in Fannin County for installation, operation, and management of internet facilities, including a wireless radio tower. Covers a five-year initial term with renewal options, specifies rent as free internet accounts and static public IPs, and requires compliance with applicable FCC/FAA rules, security requirements, and restrictions on hazardous substances. Addresses lighting approvals and interference obligations.

LanguageEnglish

CategoryLetters

FormatPDF

Pages7

Reading Time3 min

AccessFree to download

Tower Site Lease Agreement

Parties and Effective Date

Leased Property and Term

Renewal Options

Rent and Required Services

Laws, Use Restrictions, and Compliance

Lighting and Interference

STATE OF TEXAS COUNTY OF FANNIN TOWER SITE LEASE AGREEMENT This Tower Site Lease Agreement (the “Lease”) is dated effective as of October 1st, 2024, by and between the following parties: LESSOR: Fannin County 101 E Sam Rayburn Dr. Suite 101 Bonham, Tx 75418 (hereinafter referred to as "Lessor") and LESSEE: 360 Broadband, LLC. 17375 US 70 Durant, Ok 74701 (hereinafter referred to as "Lessee") 1. LEASED PROPERTY. Lessor does hereby lease and permit Lessee to enter upon, use and occupy for the sole purpose and on the conditions herein set forth, a certain portion of a land located in Fannin County as described on Exhibit “A” together with an easement for ingress, egress, and utilities (collectively, the “Leased Premises”) . 2. TERM. The primary term of this Lease shall be for five (5) years commencing on the effective date hereof. 3. OPTIONS TO RENEW. Lessee shall have the option to renew and extend the primary term of this Lease for three (3) consecutive periods of five (5) years each. Each such option period shall be deemed exercised by the Lessee unless the Lessee notifies the Lessor in writing not less than one hundred eighty (180) days prior to the expiration of the term then in effect, or the expiration of a renewal or extension period thereof then in effect, that Lessee does not wish to exercise this option. 4. RENT. In consideration for the use of the Leased Premises, Lessee shall provide Lessor with three (3) free internet accounts and three (3) static public IP addresses at 511 CR 2100, Ivanhoe, Tx. 5. LAWS AND REGULATIONS. Lessee agrees to comply with any and all ordinances, regulations, and laws pertaining to the operation of its business on the Leased Premises. Lessee further covenants and agrees to keep all improvements situated on the Leased Premises and facilities in compliance with all rules and regulations of the Federal Communications Commission ("FCC") and the Federal Aviation Administration ("FAA") as well as their successor organizations. Should the FCC or the FAA terminate Lessee's right to operate its facilities, then Lessee shall have the option to cancel this Lease after giving reasonable notice to Lessor, with no further obligation to Lessor. Lessee further agrees that it will not use the Leased Premises for storage or placement of any dangerous or hazardous substances or any substances or property which would create a hazard or nuisance to the surrounding area. 6. USE OF THE PREMISES. Lessee, its employees or agents, shall have the non-exclusive right to use the Leased Premises only for the Permitted Use and for no other purpose. Lessor reserves the right to continue to use the Leased Premises as long as such right does not interfere with the specific rights granted Lessee herein. Lessee agrees that it will conduct its uses in such a manner so as not to materially and adversely interfere with the operations of Lessor. Lessee shall use the Leased Premises as a site for the sole purpose of installation, operation, and management of Lessee's Internet facilities (the “Permitted Use”), including utilizing buildings or cabinets, installing equipment anda wireless radio tower (at Lessee’s cost) . Lessee shall also have the right to make improvements to the Leased Premises in connection with the Permitted Use, including those improvements shown on Exhibit “B”. Lessee, at all times during this Lease, shall have access to its building and on ground improvements. As a condition to the use and occupation of and access to the Leased Premises, Lessee shall at all times comply with all reasonable written rules and regulations of Lessor necessary to provide for the security of Lessor’s facilities. 7. LIGHTING. If Lessee needs specific lighting in connection with the Permitted Use, Lessee shall use lighting on its facilities that is approved by the FAA and as may be changed and approved by the FAA from time to time during the Lease. Lessee further agrees to ensure tha

FAQs

What is the effective date and parties to the Tower Site Lease Agreement?

The agreement is effective as of October 1, 2024. The Lessor is Fannin County, and the Lessee is 360 Broadband, LLC.

What are the lease term and renewal options?

The primary term is five (5) years. The Lessee may renew for three (3) consecutive periods of five (5) years each, unless it provides written notice at least 180 days before the end of the then-current term.

What does the rent require the Lessee to provide?

As consideration, the Lessee provides the Lessor with three (3) free internet accounts and three (3) static public IP addresses at 511 CR 2100, Ivanhoe, TX.

Sep 4, 2026

Upload by Caleb Sterling