City of Salem Council Meeting Minutes April 2026
City Approves Landfill Solar Lease Option with AC Power
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Description
The Salem City Council approved a second 24‑month landfill land lease option with AC Power for a potential solar project of up to 3 MW. The option includes a $1,500 initial payment at six months, quarterly payments thereafter, and a negotiated lease rate of $19,000 per megawatt.
Contract Details
Contract Amount
$1,500 initial option payment; $19,000 per MW for up to 3 MW (negotiated rate)
Vendor
AC POWER
Agency
Town of Salem, IL
Contract Type
FACILITIES
Document Date
April 20, 2026
Contract Term
24-month lease option term
Renewal Info
This is a second lease option for landfill property with AC Power, providing a 24‑month due diligence period; any future full lease or extensions would require additional approval not described in the minutes.
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