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Committee reviews lease amendment to relocate Verizon equipment; councilor raises concerns about terms
Summary
Staff presented a lease amendment with Bell Atlantic (Verizon Wireless) to update equipment location tied to the connector project. The amendment does not change other lease terms; councilors questioned the six-year remaining term and vendor restrictions, and the matter will go to full council.
City staff told the Bangor City Finance Committee on March 24 that the city must amend a lease with Bell Atlantic (doing business as Verizon Wireless) to reflect a new location for Verizon equipment displaced by the connector project.
"This lease agreement is updating lease to reflect a new location of the…
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