The city of Toccoa is entering into a lease agreement with a local company looking to expand its wireless Internet service.
Monday, city commissioners unanimously approved an agreement with Gunby Communications of Toccoa.
Gunby is leasing space from the city on its water tank at the Meadowbrook Industrial Park.
According to Gunby Communications General Manager John Smith, his goal is to provide more service to the company’s existing wireless Internet customers and add more customers where possible.
Commissioners agreed in principle to the general terms of the agreement last month.
Toccoa City Manager Billy Morse said approving this contract formalizes the lease.
“The lease is for an initial period of 10 years with an option for an additional 10-year period,” said Morse.
Under the terms of the agreement, the lease is for an initial 10-year period at a cost of $600 per month, with the fee jumping to $700 per month after the first 10 years if the contract is renewed.
The agreement stated that the fee would jump to $800 per month if Gunby continues to lease the space beyond the original or extended term of the lease on a month-to-month-basis.
Also, the agreement stated that it is non-exclusive, meaning that the city could lease space on the tower to other companies if it so chose.
According to Morse, City Attorney John Dickerson has also reviewed the agreement and made changes he felt appropriate.
Smith told commissioners prior to their approval that he had also reviewed the agreement and was satisfied with it.