OTHERAPPROVED

Village Approves Solar Farm with $700,000 Community Benefit

The Village Board granted Lake Villa Community Energy Initiative, LLC (owned by ECA Solar, LLC) preliminary approval to develop a community-scale solar array at Petite Lake Road, including a $700,000 cash benefit to the Village and annual lease payments following land transfer. The project provides new renewable energy infrastructure and public benefits.

Status
APPROVED
Document date
February 23, 2026
Contract type
OTHER
Vendor
Lake Villa Community Energy Initiative Llc
Agency
Lake Villa village (pt.) · IL

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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
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 amount
$700,000.00 (community benefit cash donation to Village); $10,000/year lease payments to Village; development project value not specified
Contract type
OTHER
Contract term
Ground lease: 20 years initial term, up to three 5-year renewals (potential 35 years); project lifetime ~35 years
Renewal date
2061-12-31
Renewal
Initial lease term is 20 years, with up to three additional 5-year renewals at developer's option. Lease requires annual payments and compliance with maintenance and decommissioning terms. Reversion, renewal, and assignment terms detailed in ordinance.
Document type
AgendaPacket
Source document
Village of Lake Villa Special Board Meeting Agenda Packet February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Lake Villa village (pt.)?

Lake Villa Community Energy Initiative Llc was awarded this government contract by Lake Villa village (pt.), as recorded on February 23, 2026. The contract value is $700,000.00 (community benefit cash donation to Village); $10,000/year lease payments to Village; development project value not specified.

How much is the Lake Villa Community Energy Initiative Llc contract with Lake Villa village (pt.) worth?

The Lake Villa Community Energy Initiative Llc contract with Lake Villa village (pt.) is valued at $700,000.00 (community benefit cash donation to Village); $10,000/year lease payments to Village; development project value not specified.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Lake Villa Special Board Meeting Agenda Packet February 2026 (AgendaPacket), dated February 23, 2026 from Lake Villa village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lake Villa Community Energy Initiative Llc hold?

Lake Villa Community Energy Initiative Llc 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 Lake Villa Community Energy Initiative Llc's profile

What is Lake Villa village (pt.) currently buying?

Explore Lake Villa village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Lake Villa village (pt.)'s profile

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