Annapolis Selling a Radio Tower - NBC4 Washington

Annapolis Selling a Radio Tower



    Annapolis Selling a Radio Tower

    Annapolis officials say they plan to sell a city-owned radio tower.

    The Capital of Annapolis reports that the 240-foot tower is in need of a paint job that would cost about $150,000. The city doesn't have the money to pay for the upkeep, nor does Bay Broadcasting Corp., which currently leases the tower.

    Officials hope to find a buyer that would let the city retain ownership of more than five acres of parkland where the tower sits. The city would then charge rent for the ground where the tower is

    City officials believe they could make $50,000 to $110,000 in the first year between selling the tower and rent.

    The city has owned the tower for about 20 years.