District considers amended Verizon cell tower lease

Scope & details

The full contract record, as filed.

Contract amount

$30,000 annual payment with 5% increase each year

Contract type

FACILITIES

Contract term

Initial 5-year term commencing July 1, 2030, with automatic renewal of four consecutive 5-year terms (total potential 25 years)

Renewal date

2055-06-30

Renewal

Amended lease begins July 1, 2030, for a 5-year term, with automatic renewal for four consecutive 5-year terms (total additional 20 years) unless terminated per lease conditions. Annual payment increases 5% each year for the entire duration.

Document type

Agenda

Source document

Saint Peter Public Schools Agenda Consider Approval of the Verizon Lease Agreement 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by St. Peter Public School District?

VERIZON was awarded this facilities contract by St. Peter Public School District, as recorded on July 15, 2026. The contract value is $30,000 annual payment with 5% increase each year.

How much is the VERIZON contract with St. Peter Public School District worth?

The VERIZON contract with St. Peter Public School District is valued at $30,000 annual payment with 5% increase each year, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Saint Peter Public Schools Agenda Consider Approval of the Verizon Lease Agreement 2026-07-15 (Agenda), dated July 15, 2026 from St. Peter Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does VERIZON hold?

VERIZON may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is St. Peter Public School District currently buying?

Explore St. Peter Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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