City Evaluates Verizon Wireless Tower Lease Proposal

Scope & details

The full contract record, as filed.

Contract amount

$2,200.00 per month; one-time lump sum payment option of $450,000

Contract type

UTILITIES

Contract term

New rent starting 5/1/2029 with 2.5% annual escalator; four additional five-year renewal terms; perpetual easement if lump sum option selected

Renewal

Proposal adds four new five‑year renewal terms beyond the existing agreement and offers a perpetual easement in exchange for a $450,000 lump sum. Current lease dates back to 10/1/2013 with a 2.5% annual escalator.

Document type

AgendaPacket

Source document

City of Oxford AgendaPacket City Manager Update Notes 2026-08-17

Related contracts

Other contracts from Verizon Wireless.

View all →

City of Mounds View Special City Council Meeting Agenda 2026-08-24

APPROVED

City of Mounds View, Minnesota$2,502.74Aug 21, 2026

Santa Fe Irrigation District AgendaPacket Board of Directors Meeting 2026-08-20

ONGOING

Santa Fe Irrigation District, California$1,293.54; $256.57; $868.70; $1,184.91; $416.05Aug 20, 2026

City of Potterville Council Agenda 2026-08-20

APPROVED

City of Potterville, Michigan$449.57Aug 19, 2026

Hamblen County Legislative Body AgendaPacket 2026-08-20

ONGOING

Hamblen County, Tennessee$1,258.00Aug 19, 2026

City of Muncie Accounts Payable Invoice Report 2026-08-19

PAID

City of Muncie, Indiana$14,755.41Aug 19, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by City of Oxford?

Verizon Wireless was awarded this utilities contract by City of Oxford, as recorded on August 17, 2026. The contract value is $2,200.00 per month; one-time lump sum payment option of $450,000.

How much is the Verizon Wireless contract with City of Oxford worth?

The Verizon Wireless contract with City of Oxford is valued at $2,200.00 per month; one-time lump sum payment option of $450,000, 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 City of Oxford AgendaPacket City Manager Update Notes 2026-08-17 (AgendaPacket), dated August 17, 2026 from City of Oxford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Verizon Wireless hold?

Verizon Wireless may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Verizon Wireless's profile

What is City of Oxford currently buying?

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

View City of Oxford's profile