CONTRACTPENDING

Tower Lease Extension for American Tower Asset Sub

City of Burlington logoCity of Burlington
Disclosed value
$17,622.12 per year
From agenda
Document date
Apr 5, 2022
Term
July 1, 2027 and expiring June 30, 2042

The 30-second brief

What it covers

American Tower Asset Sub, LLC, ground lessee of the Hawkins Street Tower, has requested an extension of the lease term. The City of Burlington intends to adopt a resolution amending the existing lease to provide Tenant with the option to extend the lease for three (3) additional five (5) year renewal terms for the period starting July 1, 2027 and expiring June 30, 2042.

Who holds it

American Tower Asset Sub LLC holds this lease contract with City of Burlington. Its other public contracts on record include work for Borough of Somerdale and Kent County.

What happens next

Term as filed: July 1, 2027 and expiring June 30, 2042.

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Contract details

Contract type
Lease
Amount
$17,622.12 per year
Document date
April 5, 2022
Term
July 1, 2027 and expiring June 30, 2042
Source document
city_council_meeting_agenda_april_5_2022.pdf (Agenda)

American Tower Asset Sub LLC's other public contracts

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Questions about this contract

Who was awarded the lease contract by City of Burlington?

American Tower Asset Sub LLC was awarded this lease contract by City of Burlington, as recorded on April 5, 2022. The contract value is $17,622.12 per year.

How much is the American Tower Asset Sub LLC contract with City of Burlington worth?

The American Tower Asset Sub LLC contract with City of Burlington is valued at $17,622.12 per year, covering lease work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_council_meeting_agenda_april_5_2022.pdf (Agenda), dated April 5, 2022 from City of Burlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Tower Asset Sub LLC hold?

American Tower Asset Sub LLC 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 City of Burlington currently buying?

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

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