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UTILITIESPENDING

Village of Johnsburg Minutes Regular Meeting of the President and Board of Trustees 2026-05-05

Village to negotiate Verizon cell tower lease

Just under $1,600 per month (proposed, CPI-adjusted from 2018 rate)Johnsburg villageVERIZONMay 5, 2026

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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

Description

The Village of Johnsburg directed staff to negotiate a renewed cell tower lease in Sunnyside Park with Verizon, using updated 2018 terms for rent just under $1,600 per month and including site and parking lot improvements. The agreement is expected to follow a 5-year initial term with multiple 5-year renewal options and include insurance, indemnity, and removal bond provisions.

Contract Details

Contract Amount

Just under $1,600 per month (proposed, CPI-adjusted from 2018 rate)

Vendor

VERIZON

Agency

Johnsburg village, IL

Contract Type

UTILITIES

Document Date

May 5, 2026

Contract Term

Initial term of 5 years with several 5-year renewals (typical structure discussed)

Renewal Info

Initial 2018 agreement lapsed without construction; new agreement to mirror typical industry terms of 5-year initial term with several 5-year renewal options and CPI-based rent adjustments.

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