CONTRACTAPPROVED

Town of Tyrone Awards Facilities Contract to American Tower (November 2026)

Town of Tyrone
Disclosed value
Guaranteed base rent of $5,820/month ($69,840/year), plus 18% colocation revenue sharing estimated initially at $4,018.58/month; estimated first-year total revenue of $122,862.96
From agendapacket
Approved
Nov 3, 2026
Term
10 years with one 10-year renewal option
Renews
Free account

The 30-second brief

What it covers

The Town of Tyrone approved a new 10-year property lease with American Tower for the 145 Commerce Drive site, providing guaranteed base rent and colocation revenue sharing. The Town estimates first-year revenue of $122,862.96 and approximately $1.3 million over 10 years.

Who holds it

American Tower holds this facilities contract with Town of Tyrone. Its other public contracts on record include work for Town of Washington and City of Wood Dale.

What happens next

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Contract details

Contract type
Facilities
Amount
Guaranteed base rent of $5,820/month ($69,840/year), plus 18% colocation revenue sharing estimated initially at $4,018.58/month; estimated first-year total revenue of $122,862.96
Document date
November 3, 2026
Term
10 years with one 10-year renewal option
Renews
On record
Source document
Town of Tyrone AgendaPacket Town Council Meeting November 05, 2026 (AgendaPacket)

American Tower's other public contracts

More Town of Tyrone contracts

Questions about this contract

Who was awarded the facilities contract by Town of Tyrone?

American Tower was awarded this facilities contract by Town of Tyrone, as recorded on November 3, 2026. The contract value is Guaranteed base rent of $5,820/month ($69,840/year), plus 18% colocation revenue sharing estimated initially at $4,018.58/month; estimated first-year total revenue of $122,862.96.

How much is the American Tower contract with Town of Tyrone worth?

The American Tower contract with Town of Tyrone is valued at Guaranteed base rent of $5,820/month ($69,840/year), plus 18% colocation revenue sharing estimated initially at $4,018.58/month; estimated first-year total revenue of $122,862.96, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Tyrone AgendaPacket Town Council Meeting November 05, 2026 (AgendaPacket), dated November 3, 2026 from Town of Tyrone. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Tower hold?

American Tower 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 Town of Tyrone currently buying?

Explore Town of Tyrone's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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