town-of-princeton-city-council-meeting-agenda-december-18-2023_174.pdf
MTCO Communications Secures 20-Year Fiber Lease Agreement
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Description
Princeton City Council approves a 20-year dark fiber lease agreement with MTCO Communications, Inc. The agreement involves leasing dark fibers within the city's fiber optic cables to MTCO, with an initial cost of $13,077.00 and an annual maintenance fee starting at $787.50, increasing by 1% annually.
Contract Details
Contract Amount
$13,077.00
Vendor
MTCO COMMUNICATIONS
Agency
Town of Princeton, IL
Contract Type
Fiber Lease
Document Date
December 18, 2023
Contract Term
20 Years
Renewal Date
NA
Renewal Info
NA
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