City of Thomasville Awards $15,000 Land Lease Contract to American Towers (March 2022)
City of ThomasvilleCity · Thomasville, NC- Disclosed value
- $15,000
- From agenda
- Approved
- Mar 21, 2022
- Term
- 5 years
The 30-second brief
American Towers LLC and City of Thomasville have agreed to extend the lease term for an additional five years, with a one-time payment of $15,000 to the city. The lease, originally commenced on June 1, 1993, will now potentially expire on May 31, 2038, assuming all renewal options are exercised. The monthly rent will increase to $1,000, with subsequent escalations every three years.
American Towers holds this land lease contract with City of Thomasville. Its other public contracts on record include work for Gosper County and Sudbury Water District.
Term as filed: 5 years.
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Contract details
- Contract type
- Land Lease
- Amount
- $15,000
- Document date
- March 21, 2022
- Term
- 5 years
- Vendor
- American Towers
- Agency
- City of Thomasville
- Source document
- city-of-thomasville-agenda-2022-03-21_6a5.pdf (Agenda)
American Towers's other public contracts
More City of Thomasville contracts
Questions about this contract
Who was awarded the land lease contract by City of Thomasville?
American Towers was awarded this land lease contract by City of Thomasville, as recorded on March 21, 2022. The contract value is $15,000.
How much is the American Towers contract with City of Thomasville worth?
The American Towers contract with City of Thomasville is valued at $15,000, covering land lease work.
What type of contract is this?
This is a Land Lease contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-thomasville-agenda-2022-03-21_6a5.pdf (Agenda), dated March 21, 2022 from City of Thomasville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does American Towers hold?
American Towers 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 Thomasville currently buying?
Explore City of Thomasville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.