Letter of Interest Draft
May 8th, 2026
Milestone Towers
Attn: Cell Tower Program - Leasing & Development
12110 Sunset Hills Road, Suite 600
Reston, VA 20190
Re: Letter of Interest - Cell Tower Lease Program on District Property
Dear Milestone Towers Team:
On behalf of the (the "Board"), this letter confirms that the Board has formally reviewed the cell tower lease
program presented by Milestone Towers (the "Program") and expresses its good-faith interest in advancing
toward a definitive, executed lease agreement. The Board has evaluated the Program's overview materials,
anticipated benefits to the District, and proposed framework for siting wireless communications facilities on
District-owned property.
Based on this review, the Board is interested in moving forward in good faith to negotiate standard cell tower
lease terms, including (without limitation) an initial lease term with renewal options, monthly base rent, periodic
rent escalators, revenue share on co-location/sublease income, customary site access and utility easements, and
standard provisions addressing insurance, indemnification, environmental compliance, and termination. The
Board and Milestone Towers will work together to identify suitable District properties and to align on terms that
serve the long-term interests of the District, its students, and the surrounding community.
This Letter of Interest is intended solely as an expression of the Board's interest in the Program and is non-binding
on either party. No legal obligations, commitments, or rights shall arise from this letter. Any binding agreement
between the parties shall be set forth exclusively in a definitive written lease agreement, duly approved by the
Board in accordance with applicable law and District policy, and executed by authorized representatives of both
parties.
The Board appreciates Milestone Towers' presentation and looks forward to the next steps, including site
evaluation, term sheet exchange, and lease negotiation. Please direct further communications regarding the
Program to the undersigned.
Sincerely,
Name
Title