Council denies Vertical Bridge request to amend tower lease
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Description
Vertical Bridge requested an amendment to the financial terms of its telecommunications tower lease at Buffalo Park, but the Springfield City Council voted to deny the request. The existing lease, originally signed with Verizon Wireless in 2014, remains unchanged.
Contract Details
Vendor
VERTICAL BRIDGE
Agency
City of Springfield, NE
Contract Type
FACILITIES
Document Date
May 19, 2026
Contract Term
Original lease dated 2014, with six months’ notice termination clause
Renewal Info
Existing lease includes a provision allowing Vertical Bridge to terminate with six months’ notice and six months’ pay; no changes were approved.
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