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Oil Springs Continues Escalating Land Lease With Xplornet

The Village of Oil Springs maintains a long‑term land lease agreement with Xplornet, covering an initial 2015–2025 term and two 5‑year renewal options through 2035 with a 3% annual escalation in May. The 2026 budget reflects increasing lease revenues under this telecommunications site agreement.

Document date · January 1, 2026

Issuing agencyVillage of Oil SpringsVendorXPLORNET

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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

Scope & details

The full contract record, as filed.

Contract type
OTHER
Contract term
Original 10-year lease 2015–2025, plus two 5-year lease renewals 2025–2030 and 2030–2035, with 3% yearly increase starting each May
Renewal date
2035-05-01
Renewal
Original lease term 2015–2025, followed by two 5‑year renewal periods 2025–2030 and 2030–2035 with a 3% annual rent increase effective each May. Agreement appears to be in an exercised renewal period as of the 2026 budget.
Document type
Budget
Source document
Village of Oil Springs Budget 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Village of Oil Springs?

XPLORNET was awarded this government contract by Village of Oil Springs, as recorded on January 1, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Oil Springs Budget 2026 (Budget), dated January 1, 2026 from Village of Oil Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does XPLORNET hold?

XPLORNET may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View XPLORNET's profile

What is Village of Oil Springs currently buying?

Explore Village of Oil Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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