Village of Larchmont Agreement Cable Franchise Renewal Agreement 2026-05-19
Larchmont, Verizon Reach Five-Year Cable Franchise Deal
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Description
The Village of Larchmont and Verizon New York Inc. have reached a proposed five‑year cable franchise renewal agreement covering video services, PEG channels, and a 5% franchise fee on gross revenues. The agreement will become effective upon local approval and subsequent confirmation by the New York Public Service Commission.
Contract Details
Vendor
VERIZON NEW YORK INC
Agency
Village of Larchmont, NY
Contract Type
UTILITIES
Document Date
May 19, 2026
Contract Term
5 years from the date on which the Agreement is approved by the NY PSC
Renewal Info
Renewal of initial 15‑year 2007 cable franchise into a new 5‑year nonexclusive franchise, effective upon NY PSC approval. Verizon may terminate the agreement at any time during the term with 12 months’ written notice and may seek modification if other video service providers receive less burdensome terms or laws change. Future formal renewals are to follow Section 626 of the Communications Act and applicable NY Cable Law.
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