Park Ridge · Lease
Dee Road cell tower premises leased to Verizon Wireless
AI-assisted researchHow this was researched and checkedOn September 8, 2026 the City Council approved a lease of the cell tower premises at 930 N. Dee Road with Chicago SMSA Limited Partnership, doing business as Verizon Wireless. The staff memo describes it as the second of the new tenant leases negotiated after the City took possession of the tower, with a five-year initial term, three optional renewals, an initial rent of $65,000 a year and a one-time fee of $10,000. The City Manager said the negotiating consultants receive a percentage. The vote was 7–0.
Documented status: Approved (recorded), Sep 8 2026. Evidence dated . Later outcomes require a later source.
What changed, and when did it take effect?
· Approved · Recorded in minutes
City Council approves the lease
Meeting date: Sep 8 2026. Lessee: CHICAGO SMSA LIMITED PARTNERSHIP. Item VIII.D.1: the motion carried (7 to 0). Address: 930 N. Dee Road.
p. 1 · Approved minutes of City Council minutes, 2026-09-08, City Council, Sep 8 2026. Open the quote and source.
p. 3 · Approved minutes of City Council minutes, 2026-09-08, City Council, Sep 8 2026. Open the quote and source.
p. 3 · Approved minutes of City Council minutes, 2026-09-08, City Council, Sep 8 2026. Open the quote and source.
What was requested, recommended, approved, contracted, reported paid and completed?
Amounts are read from the cited pages and added up by code. A recommendation, an award or an authorized amount does not establish that money was paid.
Recurring revenue
$65,000 per year
The lease
p. 1 · Staff memo of Approve an agreement between City of Park Ridge and Chicago SMSA Limited Partnership d/b/a Verizon Wireless for lease of the cell tower premises located at 930 N. Dee Road (Dee Road train station site) (Memorandum), City Council, Sep 8 2026. Open the quote and source.
One-time revenue
$10,000
one-time transaction fee
p. 1 · Staff memo of Approve an agreement between City of Park Ridge and Chicago SMSA Limited Partnership d/b/a Verizon Wireless for lease of the cell tower premises located at 930 N. Dee Road (Dee Road train station site) (Memorandum), City Council, Sep 8 2026. Open the quote and source.
Contracts, payments and completion
No contract, payment or completion record is published for this item. Approval alone does not establish completion.
Which parcels, agencies, businesses and projects are explicitly connected?
Official identifiers and exhibit listings connect records. A name, an address or distance alone only suggests a connection.
Organizations and public bodies
What remains unresolved?
No condition or deadline is published for this item. That is a limit of the published research, not evidence that none exist.
Open questions
No open question is recorded for this item.
What does the evidence suggest, and what would change it?
No conflicting records are published for this item.
Official source records
Editions and corrections
Each published change is a new edition. Corrections say what changed and why.
Edition 2(current)
Edition 2: 3 revised.
Edition 1Read this edition
First edition.