Princeton Considers Dark Fiber Lease with MTCO
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Description
City of Princeton is considering a dark fiber lease agreement with MTCO Communications, Inc. The agreement involves leasing dark fibers within the city's fiber optic cables to MTCO for 20 years, with an initial NRC charge of $13,077.00 and a recurring annual charge of $787.50, increasing by 1% each year.
Contract Details
Contract Amount
$13,077.00
Vendor
MTCO COMMUNICATIONS
Agency
Town of Princeton, IL
Contract Type
Lease
Document Date
December 4, 2023
Contract Term
20 years
Renewal Date
NA
Renewal Info
NA
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