Finance & Governance Committee
TL;DR
The Denver Finance & Governance Committee approved two license agreements with Verizon Wireless that will allow cellular equipment to be installed at the Denver Performing Arts Complex garage and Fire Station #30. These agreements will generate over $1.9 million in revenue for the city over 10-year terms.
Key Decisions
- Verizon Wireless License Agreement - Performing Arts Complex Approved
- Verizon Wireless License Agreement - Fire Station #30 Approved
Agenda
- Consent Items
- 25-0935 A resolution approving a proposed License Agreement between the City and County of Denver and Cellco Partnership for antenna space at the Denver Performing Arts Complex garage for cellular equipment located at 1040 14th Street, in the Central Business District, in Council District 10. Approves a License Agreement with Cellco Partnership d/b/a Verizon Wireless for $559,697.77.00 and a term of 120 months with an end date of 2-28-2034 for antenna space at the Denver Performing Arts Complex garage for cellular equipment located at 1040 14th Street, in the Central Business District, in Council District 10 (FINAN-202476013-00). The last regularly scheduled Council meeting within the 30-day review period is on 8-4-2025. The Committee approved filing this item at its meeting on 7-1-2025.ResolutionAction: approved by consent
Council Resolution 25-0935 was approved by consent.
- 25-0936 A resolution approving a proposed License Agreement between the City and County of Denver and Cellco Partnership for antenna space at Fire Station #30 for cellular equipment located at 4898 Dudley Street, in Marston, in Council District 2. Approves a License Agreement with Cellco Partnership d/b/a Verizon Wireless for $1,394,202.72 for 120 months with an end date of 7-31-2034 for antenna space at Fire Station #30 for cellular equipment located at 4898 Dudley Street, in Marston, in Council District 2 (FINAN-202578379-00). The last regularly scheduled Council meeting within the 30-day review period is on 8-4-2025. The Committee approved filing this item at its meeting on 7-1-2025.ResolutionAction: approved by consent
Council Resolution 25-0936 was approved by consent.