OTHERPENDING

City of Lynchburg Physical Development Committee Agenda Packet 2026-06-09

Lease of City Land to Verizon Wireless For Cell Tower

$11,400.00 per year (initial term); renewal terms increase by 10% per 5-year renewalCity of LynchburgCELLCO PARTNERSHIP DBA VERIZON WIRELESSJune 9, 2026

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Description

The City of Lynchburg proposes to lease ground space at the Abert Water Filtration Plant to Cellco Partnership d/b/a Verizon Wireless for $11,400 per year. The 5-year lease, with options for renewal, enables installation of a monopole tower and communications facilities to enhance site reliability.

Contract Details

Contract Amount

$11,400.00 per year (initial term); renewal terms increase by 10% per 5-year renewal

Vendor

CELLCO PARTNERSHIP DBA VERIZON WIRELESS

Agency

City of Lynchburg, VA

Contract Type

OTHER

Document Date

June 9, 2026

Contract Term

Five (5) years initial term beginning on the first day of the month following installation commencement, with four (4) additional five (5) year renewal options

Renewal Date

2031-XX-01

Renewal Info

Four (4) additional five (5) year extension options; 10% rent escalation per renewal; written review and discussion of renewal required at least 30 days before the end of each term; City Manager may approve renewal/extension or termination.

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