CONTRACTPENDING

Verizon Eyes Long-Term Stanfield Cell Site

Disclosed value: $225,000; From agenda
Document date: May 21, 2024
Term: 40 years

What it covers

Verizon is considering a $225,000 lump sum to secure equipment rights via a 40-year easement, or a lease amendment with $1,125/month rent, 10% escalators every 5 years, and eight 5-year renewal terms, enhancing its network infrastructure

Who holds it

Verizon Communication holds this real estate contract with Town of Stanfield. Its other public contracts on record include work for City of Melrose and Bedford County Public Schools.

What happens next

Term as filed: 40 years.

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Contract details

Contract type: Real Estate
Amount: $225,000
Document date: May 21, 2024
Term: 40 years
Vendor: Verizon Communication
Agency: Town of Stanfield
Source document: town-of-stanfieldagenda2024-05-21_2a8.pdf (Agenda)

Verizon Communication's other public contracts

City of Melrose, MassachusettsCommunications Service Payment Approved for Verizon · Sep 29, 2026$491.9 City of Melrose, MassachusettsTelephone Service Payment Approved for Verizon Communications · Sep 28, 2026$491.9 City of Melrose, MassachusettsPhone Services Payment Approved for Verizon Communications · Aug 18, 2026$491.9 Bedford County Public Schools, VirginiaVerizon Division Phone Service Invoice Paid · Jul 22, 2026$204.8 Bedford County Public Schools, VirginiaMinor Verizon Phone Charge Paid · Jul 22, 2026$5.6 All Verizon Communication contractsVendor profile

More Town of Stanfield contracts

North Carolina Capital Management BankTown Maintains Deposits with NC Capital Management Bank · Jan 8, 2026Undisclosed Pinnacle BankPinnacle Bank Retains Town Accounts for FY2026 · Jan 8, 2026Undisclosed Brewer, TonyAuditor Presents 2024-2025 Audit to Town Board · Dec 4, 2025Undisclosed Andrews, AlTown Attorney Appointment Approved for Al Andrews · Nov 11, 2025Undisclosed Benchoff, AlTown Attorney Benchoff Serving Until March Retirement · Nov 11, 2025Undisclosed All Town of Stanfield activityAgency profile

Questions about this contract

Who was awarded the real estate contract by Town of Stanfield?

Verizon Communication was awarded this real estate contract by Town of Stanfield, as recorded on May 21, 2024. The contract value is $225,000.

How much is the Verizon Communication contract with Town of Stanfield worth?

The Verizon Communication contract with Town of Stanfield is valued at $225,000, covering real estate work.

What type of contract is this?

This is a Real Estate contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-stanfieldagenda2024-05-21_2a8.pdf (Agenda), dated May 21, 2024 from Town of Stanfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Verizon Communication hold?

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

What is Town of Stanfield currently buying?

Explore Town of Stanfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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