university-of-utah-meeting-minutes-2023-10-10_a1e.txt
Verizon Wireless Long-term Rooftop & Office Lease Approved
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Description
University of Utah Trustees approved a 10-year lease with Cello Partnership d/b/a Verizon Wireless for rooftop and interior office use at 295 Chipeta Way, with optional renewals and $25,750 annual rent plus $9,000 in tenant improvements. Commences November 1, 2023.
Contract Details
Contract Amount
$25,750 (annual rent) with $9,000 TI
Vendor
CELLO PARTNERSHIP DBA VERIZON WIRELESS
Agency
University Of Utah, UT
Contract Type
FACILITIES
Document Date
October 10, 2023
Contract Term
Ten (10) years, with four (4) additional one (1) year options
Renewal Date
2033-11-01
Renewal Info
Includes four (4) additional one-year options beyond the initial 10-year term.
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