Water commissioners authorize SBA Monarch wireless tower lease
Hingham water board approves SBA Monarch wireless tower lease. The Board of Water Commissioners unanimously voted to authorize a 10-year lease agreement with SBA Monarch Towers I, LLC at 900 Main Street, with annual rent beginning at $50,199 and potential revenue exceeding $1 million over the lease
Board of Water Commissioners · Meeting of March 24, 2026
Hingham water board approves SBA Monarch wireless tower lease. The Board of Water Commissioners unanimously voted to authorize a 10-year lease agreement with SBA Monarch Towers I, LLC at 900 Main Street, with annual rent beginning at $50,199 and potential revenue exceeding $1 million over the lease term. Weir River Water System Superintendent Russell Tierney commended the tenant's reliability, citing on-time monthly payments and quick responses to facility issues during five years as the current lessee.
The agreement includes 4 percent annual rent increases and monthly payment schedules.
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Source: the Board of Water Commissioners meeting of March 24, 2026, compiled from the official minutes.
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