Laserfiche WebLink
CITY OF LITTLE CANADA, MINNESOTA <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />DECEMBER 31, 2017 <br /> <br /> <br /> <br />(71) <br /> <br />NOTE 18 ANTENNA LEASES <br />The City receives revenue from agreements for the lease of space above its water tower to <br />two communications companies. The space is used for antennas and other equipment (of <br />the lessee) necessary to provide radio communications. For accounting purposes, the <br />leases are considered operating leases. Lease revenue for the year ended December 31, <br />2017 totaled $100,533. <br /> <br />2018 78,945$ <br />2019 59,749 <br />Total 138,694$ <br />Future Lease Receipts <br /> <br /> <br />