County Extends Verizon Justice Center Tower Lease
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Description
The Board is asked to approve a Second Amendment to the tower lease with Cellco Partnership d/b/a Verizon Wireless, extending the Justice Center tower lease for 10 more years at $2,000 per month plus 3% annual escalations. The amendment maintains core terms while updating indemnification, insurance, and E-Verify provisions.
Contract Details
Contract Amount
$2,000 per month with 3% annual escalation
Vendor
CELLCO PARTNERSHIP DBA VERIZON WIRELESS
Agency
Catawba Valley Community College, NC
Contract Type
UTILITIES
Document Date
May 2, 2026
Contract Term
Two additional five-year terms commencing July 1, 2026 (total 10-year extension)
Renewal Date
2036-06-30
Renewal Info
Agreement term extended automatically for two additional five-year terms unless Verizon terminates with at least three months’ written notice before the end of the then-current term. Rent continues to escalate per original lease terms.
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