Photo By: Lori Duckworth

Originally published via Southwest Ledger

The City of Chickasha will receive more than $300,000 in exchange for authorizing telecommunication easements on municipal property.
City Hall will receive a lump-sum payment of $315,000 for allowing TowerPoint to assume T-Mobile’s lease of space on the municipal water tower on Country Club Road.

Besides the significant payment from TowerPoint, T-Mobile pays the city $1,702 per month per their “easement agreement,” Johnson said.
Councilwoman Kea Ginn pointed out that the one-time payment from TowerPoint is equivalent to 15.5 years of the monthly lease checks T-Mobile has been paying.
TowerPoint, based in Atlanta, Georgia, is a telecommunications infrastructure and real estate investment company that operates throughout North America.
The council also accepted easements and right-of way agreements with Public Service Co. of Oklahoma in preparation for the electric company’s South Chickasha high-voltage transmission improvement project.
PSO will pay the city $1,500 for supplemental easements on three small parcels that total 0.219 acre, records reflect. The company already paid $7,000 last year for right-of-way access to two of those parcels totaling nearly three-fifths of an acre.
The power line project will entail reconstruction of approximately five miles of 138-kilovolt electric transmission line between PSO’s Cornville Substation approximately three miles southeast of Chickasha and PSO’s Norge Road Substation in Chickasha.
That job has been “pushed back to 2025,” Mike Hixson, PSO’s representative for Chickasha and Lawton, told Southwest Ledger last week.