Park Ridge Approves Verizon Tower Lease Amendment | City of Park Ridge | CHICAGO SMSA LIMITED PARTNERSHIP DBA VERIZON WIRELESS

Scope & details

The full contract record, as filed.

Contract amount

$65,000 per year; $10,000 one-time transaction fee

Contract type

OTHER

Contract term

Initial term of 5 years with three optional 5-year renewal periods; additional extension terms commence June 18, 2035 and end June 17, 2045

Renewal date

2045-06-17

Renewal

Initial term is five years with three optional five-year renewal periods referenced in the background; the amendment also states the term will automatically extend for two additional five-year terms beginning June 18, 2035, unless terminated by Lessee with six months' notice before the end of a term. The agreement is a first amendment to the 2015 land lease agreement.

Document type

Contract

Source document

City of Park Ridge Contract First Amendment to Land Lease Agreement 2026-08-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Park Ridge?

Chicago Smsa Limited Partnership Dba Verizon Wireless was awarded this government contract by City of Park Ridge, as recorded on August 14, 2026. The contract value is $65,000 per year; $10,000 one-time transaction fee.

How much is the Chicago Smsa Limited Partnership Dba Verizon Wireless contract with City of Park Ridge worth?

The Chicago Smsa Limited Partnership Dba Verizon Wireless contract with City of Park Ridge is valued at $65,000 per year; $10,000 one-time transaction fee.

What type of contract is this?

This is a government contract, documented as a contract record.

Where was this contract approved?

This contract appears in City of Park Ridge Contract First Amendment to Land Lease Agreement 2026-08-14 (Contract), dated August 14, 2026 from City of Park Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chicago Smsa Limited Partnership Dba Verizon Wireless hold?

Chicago Smsa Limited Partnership Dba 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.

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What is City of Park Ridge currently buying?

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