ammending a utility company easment
I have been approached by a major cellular company and a utility company and they are interested in installing a cellular antenna on top of the existing transmission tower on my property. The utility company has a right of way easement for access to their power lines.
They would like me to amend my easement to allow the cell company to be added to the easement on my property and right of way for access to the proposed equipment. They want to also install cabinets, generator and power to the site and build a road
I was offered a one time lump sum of cash to allow this to happen. My land is rural and has 6 plus acres.
I am told that this is the method they would like and they said it would not be a good idea to ask for a lease because the rent would be very small.
My question is will it affect my property value and how much money i could receive if i agree to their terms. (the said property is located far way from my home and it will not have a negative impact on my land as i dont use it),
The new agreement will likely be for ever.
The utility company will lease the tower directly to the cell company and my compensation would come from the utility company.
i dont want to appear too greedy and would like to know if anyone has a similar situation.
Any help or ideas would be much appreciated.
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