CONTRACTPENDING

Verizon Cell Site Lease Amendment Proposed

City of Rice Lake logoCity of Rice Lake
Disclosed value
$1,175.00 per month, Ten Percent (10%) every 5-year term
From budget
Document date
Jun 30, 2022
Renews
Free account

The 30-second brief

What it covers

The City of Rice Lake received a proposal from MD7, LLC on behalf of Verizon Wireless to amend the existing DUL WOODLAND cell site lease, reducing monthly rent to $1,175.00 starting August 1, 2022, with 10% rent escalations every five years and seven additional five-year renewal terms. The amendment would also revise lease language to give Verizon greater flexibility for equipment modifications and site use.

Who holds it

Md7 LLC holds this facilities contract with City of Rice Lake. Its other public contracts on record include work for Brazoria County Mud 2 and City of Henderson.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Rice Lake contract.

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Contract details

Contract type
Facilities
Amount
$1,175.00 per month, Ten Percent (10%) every 5-year term
Document date
June 30, 2022
Term
Commencing on 8/1/2022 with seven (7) additional five (5) year renewal terms
Renews
Free account
Vendor
Md7 LLC
Source document
city_of_rice_lake_revenues_with_comparison_to_budg.pdf (Budget)

Md7 LLC's other public contracts

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Questions about this contract

Who was awarded the facilities contract by City of Rice Lake?

Md7 LLC was awarded this facilities contract by City of Rice Lake, as recorded on June 30, 2022. The contract value is $1,175.00 per month, Ten Percent (10%) every 5-year term.

How much is the Md7 LLC contract with City of Rice Lake worth?

The Md7 LLC contract with City of Rice Lake is valued at $1,175.00 per month, Ten Percent (10%) every 5-year term, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a budget record.

Where was this contract approved?

This contract appears in city_of_rice_lake_revenues_with_comparison_to_budg.pdf (Budget), dated June 30, 2022 from City of Rice Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Md7 LLC hold?

Md7 LLC 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 Rice Lake currently buying?

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

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