CARTERET — The borough has received and awarded bids for the construction, operation, and maintenance of a new cell phone tower in Carteret, Mayor Daniel Reiman and the Carteret Borough Council have announced. The project will make use of 1,200 sq. ft. (30’x40’) of unused property at the Borough’s Public Works facility, 339 Roosevelt Avenue, by providing a 5-year lease to the awarded entity.
The 150 ft. monopole, to be located in the heavy industrial zone, will provide the borough with a new revenue stream, according to Reiman. Verizon Wireless and Metro-PCS will jointly construct and operate the cell tower. Reiman’s administration expects to generate at least $30,000 from each annually, for a total of $6,000 or more per month of added revenue. There is the potential for additional income from future co-locators onto the tower.
Through the pending contract award, the borough will reserve the right to install its own cellular antennas on the tower.
“This will be another win-win partnership for the borough,” Reiman said, “where the private sector will benefit from the expansion of its resources, and the Bborough will have established a new source of revenue that will further our efforts towards the greater improvement of our community. Upon the completion of construction of this 150’ monotower by Verizon and Metro-PCS, they will turn ownership over to the borough. They will provide maintenance but the borough will continue to collect co-location fees.”
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