UTILITIESAMENDED

Wilmette Park District Board of Park Commissioners Meeting Agenda April 13, 2026

Verizon Wireless Lease Amended for Chimney Repairs

$49,176.28 annually plus 3% escalations; one-time $50,834 contribution; total chimney repair cost estimated at $76,440Wilmette Park DistrictCHICAGO SMSA LIMITED PARTNERSHIP DBA VERIZON WIRELESSApril 13, 2026

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Description

The Wilmette Park District plans to amend its rooftop lease with Chicago SMSA Limited Partnership d/b/a Verizon Wireless to fund chimney repairs and allow upgraded antenna equipment at 1041 Ridge Road. Verizon will pay a one‑time $50,834 contribution toward an estimated $76,440 repair while continuing lease payments with 3% annual escalations and extended renewal terms.

Contract Details

Contract Amount

$49,176.28 annually plus 3% escalations; one-time $50,834 contribution; total chimney repair cost estimated at $76,440

Vendor

CHICAGO SMSA LIMITED PARTNERSHIP DBA VERIZON WIRELESS

Agency

Wilmette Park District, IL

Contract Type

UTILITIES

Document Date

April 13, 2026

Contract Term

Original agreement dated August 14, 2019; current renewal term plus four additional five-year renewal terms

Renewal Info

Amendment restates term so that upon expiration of the current renewal term the agreement automatically extends for four additional five‑year renewal terms unless Verizon terminates with at least nine months’ written notice before the end of a term.

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