Town of Castle Rock Town Council Agenda 2026-06-02
50-Year Lease for Verizon Tower Approved
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Description
Following a public hearing, Council approved the first amendment to the property lease with Cellco Partnership dba Verizon Wireless for a communication tower at 1582 Reservoir Road. The 50-year lease includes a one-time payment to the Town.
Contract Details
Contract Amount
One-time payment (amount not stated)
Vendor
CELLCO PARTNERSHIP DBA VERIZON WIRELESS
Agency
Town of Castle Rock, CO
Contract Type
LICENSE
Document Date
June 2, 2026
Contract Term
50 years
Renewal Date
2076-06-02
Renewal Info
First amendment to amended and restated lease agreement. Current term is 50 years.
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