City Negotiates Revised Cell Tower Lease with EIP
City of AbbotsfordCity · Abbotsford, WI- Disclosed value
- $25,000 signing bonus; $5,000 attorney fee advance; $20,000 per year starting in 2023; minimum $30,000 after 2030 plus 50% revenue share
- From agenda
- Document date
- Dec 5, 2022
- Renews
- Free account
The 30-second brief
City staff discussed a proposed cell tower lease agreement with EIP that includes a $25,000 signing bonus, a $5,000 advance for attorney fees, and an additional $20,000 annual rent beginning in 2023. After EIP would take over the lease in 2030, the proposal includes a minimum $30,000 payment with 50% revenue sharing, contingent on EIP covering all legal costs.
EIP holds this contract with City of Abbotsford. Its other public contracts on record include work for Sail Charter Academy - School For Arts-Infused Learning and Placer County Air Pollution Control District.
The renewal date is on record. A free account shows it, with the renewals for every City of Abbotsford contract.
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Contract details
- Amount
- $25,000 signing bonus; $5,000 attorney fee advance; $20,000 per year starting in 2023; minimum $30,000 after 2030 plus 50% revenue share
- Document date
- December 5, 2022
- Term
- Additional rent beginning 2023; revenue share after takeover of lease in 2030
- Renews
- Free account
- Vendor
- EIP
- Agency
- City of Abbotsford
- Source document
- abbotsford_city_council_meeting_agenda_december_5.pdf (Agenda)
EIP's other public contracts
More City of Abbotsford contracts
Questions about this contract
Who was awarded the government contract by City of Abbotsford?
EIP was awarded this government contract by City of Abbotsford, as recorded on December 5, 2022. The contract value is $25,000 signing bonus; $5,000 attorney fee advance; $20,000 per year starting in 2023; minimum $30,000 after 2030 plus 50% revenue share.
How much is the EIP contract with City of Abbotsford worth?
The EIP contract with City of Abbotsford is valued at $25,000 signing bonus; $5,000 attorney fee advance; $20,000 per year starting in 2023; minimum $30,000 after 2030 plus 50% revenue share.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in abbotsford_city_council_meeting_agenda_december_5.pdf (Agenda), dated December 5, 2022 from City of Abbotsford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does EIP hold?
EIP 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 Abbotsford currently buying?
Explore City of Abbotsford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.