Verizon To Fund $52K PEG Capital Grant
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Description
As part of the proposed cable franchise renewal, Verizon New York Inc. will provide the Village of Larchmont a $52,000 PEG capital grant paid in two installments. The funds must be used for PEG equipment and facilities supporting local public, educational, and governmental channel programming.
Contract Details
Contract Amount
$52,000 PEG grant
Vendor
VERIZON NEW YORK INC
Agency
Village of Larchmont, NY
Contract Type
UTILITIES
Document Date
May 19, 2026
Contract Term
Paid in two equal installments: within 60 days of Effective Date and on the first anniversary of the Effective Date
Renewal Info
Grant obligation is tied to the new five‑year franchise; two fixed payments only with no recurring renewal component.
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