A wireless leasing company has approached the looking to acquire space on the
Unison made the offer Monday night at a work session and is offering the village $2.8-$3.1 million in cash to lease the site for an estimated 40 years.
If acquired, Unison will received all revenue streams from the five existing cell carriers that occupy the water tower. Board members estimated that the village currently receives $25,000 total per month from all carriers at the site.
Is this a good idea?
Is not enough known about cell towers to move forward?
Does the financial package for Farmindale sound good to you?
My 9 year old can figure the math on this one. Besides the 3.1 mil that the town gets will be long gone before 40 years. Then where will we get the money from? How many jobs will have to be cut to subsidize the revenue we would have had! PLEASE, PLEASE, PLEASE DO NOT DO IT !!!!!!!! ALL OF OUR CHILDREN WILL SUFFER ON THIS ONE. Let's not be the donkey going after the carrot on this one.
Not knowing simple highschool economics is the reason so many in our country make bad economic decisions. Just because you can add and multiply doesn't mean you recognize the broader value of capital resources.