UTILITIESPENDING

Council Considers Renegotiated Water Tower Lease with Nextera

Osseo City Council is reviewing Nextera’s request to significantly reduce the monthly lease rate for antenna space on the south water tower and restructure the agreement into four successive five-year terms with 3% annual rent increases. The Council will decide whether to negotiate revised terms, accept the proposal, maintain current rates, or terminate the lease.

Status
PENDING
Document date
August 24, 2026
Contract type
UTILITIES
Vendor
NEXTERA
Agency
City of Osseo · MN

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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
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
Currently $4,000 per month; Nextera proposes $1,050 per month (previous request to $1,200 per month) with 3% annual increases
Contract type
UTILITIES
Contract term
Four successive five-year terms (potential total lease period of 20 years), month-to-month status asserted by Nextera under existing expired term
Renewal
Existing lease included an initial five-year term with two automatic five-year renewal periods and 3% annual rent increases; Nextera now proposes four new five-year terms totaling 20 years with continued 3% annual rent increases, subject to Council approval.
Document type
AgendaPacket
Source document
Osseo City Council AgendaPacket Work Session 2026-08-24

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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 Osseo?

NEXTERA was awarded this utilities contract by City of Osseo, as recorded on August 24, 2026. The contract value is Currently $4,000 per month; Nextera proposes $1,050 per month (previous request to $1,200 per month) with 3% annual increases.

How much is the NEXTERA contract with City of Osseo worth?

The NEXTERA contract with City of Osseo is valued at Currently $4,000 per month; Nextera proposes $1,050 per month (previous request to $1,200 per month) with 3% annual increases, 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 Osseo City Council AgendaPacket Work Session 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Osseo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does NEXTERA hold?

NEXTERA 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 Osseo currently buying?

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

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