UTILITIESONGOING

City Continues Long-Term Verizon Cell Site Lease

Platte City maintains an ongoing cellular antenna lease with Verizon at Herrel Ferrel Park, currently paying $2,975.12 per month with scheduled escalations and long-term renewal options through and beyond 2034. The lease allows Verizon to terminate under specified notice provisions while providing the City with sustained rental income.

Status
ONGOING
Document date
August 4, 2026
Contract type
UTILITIES
Vendor
VERIZON
Agency
City of Platte · MO

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,975.12 per month, increasing by 3% annually until June 1, 2034; then $2,700.00 per month with 12.5% increases every five years thereafter
Contract type
UTILITIES
Contract term
Original lease at Herrel Ferrel Park water tower; current extension period ends May 31, 2029, with a First Amendment adding a 5-year extension from June 1, 2029 and additional 5-year renewal options thereafter
Renewal date
2029-05-31
Renewal
Original lease includes extension periods through May 31, 2029. The 2025 First Amendment adds a mandatory 5-year extension from June 1, 2029 and additional 5-year extension options thereafter, which Verizon may terminate with 6 months’ notice before each extension except the first. After 10 years, Verizon can terminate with 3 months’ notice before the annual anniversary date.
Document type
AgendaPacket
Source document
Platte City AgendaPacket Work Session Agenda 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by City of Platte?

VERIZON was awarded this utilities contract by City of Platte, as recorded on August 4, 2026. The contract value is $2,975.12 per month, increasing by 3% annually until June 1, 2034; then $2,700.00 per month with 12.5% increases every five years thereafter.

How much is the VERIZON contract with City of Platte worth?

The VERIZON contract with City of Platte is valued at $2,975.12 per month, increasing by 3% annually until June 1, 2034; then $2,700.00 per month with 12.5% increases every five years thereafter, covering utilities work.

What type of contract is this?

This is a Utilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Platte City AgendaPacket Work Session Agenda 2026-08-04 (AgendaPacket), dated August 4, 2026 from City of Platte. 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 City of Platte currently buying?

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

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