Village to negotiate Verizon cell tower lease
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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.
More from VERIZON
More from Johnsburg village
Village of Johnsburg Regular Meeting Agenda May 19 2026
Village of Johnsburg Minutes Regular Meeting of the President and Board of Trustees 2026-05-05
Village of Johnsburg Minutes Regular Meeting of the President and Board of Trustees 2026-05-05
Village of Johnsburg Minutes of the President and Board of Trustees 2026-04-21
Village of Johnsburg Minutes of the President and Board of Trustees 2026-04-21
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