During a Feb. 22 meeting, New Braunfels City Council members approved a lease agreement with Verizon Wireless for the company to install and operate cell equipment within the park.
The equipment will be set on a new light pole that will be installed during the Elizabeth Avenue realignment project.
Verizon will also be able to bring in their underground telecommunications infrastructure from Landa Park Drive.
The lease term will last for five years with options for two five-year extensions. Verizon will pay the city $1,800 each year for the initial term and $3,000 each year for the extension terms, and the city will be paid $360 annually for the use of electricity used to power the equipment.