LICENSEAMENDED

Village of Menomonee Falls Utilities and Public Works Committee Agenda Packet 2026-05-18

Village Amends AT&T Ground Lease and Extends Term

Annual rent of $15,002 starting July 1, 2029, increasing 2.5% annually thereafterMenomonee Falls villageNEW CINGULAR WIRELESS PCS LLCMay 18, 2026

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Description

The Village of Menomonee Falls and New Cingular Wireless PCS, LLC executed a first amendment to their ground lease for telecommunications equipment space at Village Hall. The amendment extends the lease for five additional 5-year terms, sets post-2029 rent at $15,002 annually with 2.5% annual escalators, and updates notice and equipment provisions.

Contract Details

Contract Amount

Annual rent of $15,002 starting July 1, 2029, increasing 2.5% annually thereafter

Vendor

NEW CINGULAR WIRELESS PCS LLC

Agency

Menomonee Falls village, WI

Contract Type

LICENSE

Document Date

May 18, 2026

Contract Term

Existing term through June 30, 2029 plus five additional 5-year renewal terms

Renewal Date

2054-06-30

Renewal Info

Original agreement dated June 22, 2004 now extended by five automatic 5-year renewal terms commencing after the current term expires June 30, 2029; rent from July 1, 2029 starts at $15,002 per year with 2.5% annual increases beginning July 1, 2030.