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Council approves second amendment to Verizon license at Memorial Park, city revenue to decline modestly
Summary
The council approved a five-year extension and renewal terms for a lease with Verizon Wireless on Memorial Park property; staff said initial annual rent will be about $26,644 with 12% increases for subsequent five-year renewal terms and that the city and Glacier Twins will receive reduced revenue compared with the original contract.
The Whitefish City Council approved a second amendment to a license agreement with Verizon Wireless that extends the city's lease at Memorial Park for five years with an option for an additional five-year renewal.
City attorney Angie recounted the lease history, noting an original agreement beginning Feb. 1, 2015, and expiring Jan. 31, 2020, and said Verizon has continued to…
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