The antennas, to support the NBN’s wireless rollout, will be installed on the post office building in Howick Street, the water reservoir in Raglan and water reservoir in Perthville.

Council finally agreed to terms at a confidential meeting this month, ending 12 months of wrangling with the NBN.

Council believed it had settled on a leasing deal in October 2012 but NBN later baulked at the rents being demanded by council.

Council forced the issue earlier this  year when it removed its offer from the table before NBN finally agreed to terms.

The Western Advocate understands council’s bluff worked, with NBN finally signing up to the rental rates first offered last year.

Under the deal, council will receive $29,000 a year for antenna space on the post office building and $12,500 a year for each of the reservoirs.

That’s $54,000 a year for the next five years, with the rents to rise in line with the consumer price index (CPI) each year.

NBN also has the option of three more five-year deals at the three sites.

Antenna leases are becoming big business for council, with the NBN, Optus and Vodafone now having long-term deals.

In total, council is now making almost $200,000 a year through telecommunications leases.

General manager David Sherley said the deals were in line with council’s budget philosophy of trying to reduce costs where possible while also seeking new revenue opportunities.

Council’s 2013-14 management plan has budgeted for $50,000 in new leasing deals with telecommunications companies.