Antennas or towers located on property owned, leased or otherwise controlled by the Borough of Moonachie provided that a license or lease authorizing such antenna or tower has been approved by the Borough of Moonachie. However, the Borough may, as a condition of such lease, require site plan approval. The decision to extend such leases to an applicant shall be vested solely with the municipality; shall not be governed by this general section and shall, to the extent applicable be subject to the bidding requirements of the local Public Contracts Law of the State of New Jersey. The Borough in its absolute discretion, reserves the express right to deny all use of its property for antennas or towers. Preexisting towers and antennas are exempt from the application of this section.