CONTRACTPENDING

City advances $5M solar lease with Tick Tock Energy

City of Mount Carmel
Disclosed value
$5,000,000 (projected)
From minutes
Document date
Oct 6, 2025

The 30-second brief

What it covers

The City Council discussed a proposed 40-year lease of the old Snap-On property for a $5 million solar project, with Tick Tock Energy slated to install all solar power systems. The council authorized a letter of intent for the city to participate as an anchor tenant, initiating negotiations for the future contract.

Who holds it

Tick Tock Energy holds this facilities contract with City of Mount Carmel. Its other public contracts on record include work for Dieterich village and Town of Mount Zion.

What happens next

Term as filed: 40-year lease; city return for first 15 years.

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Contract details

Contract type
Facilities
Amount
$5,000,000 (projected)
Document date
October 6, 2025
Term
40-year lease; city return for first 15 years
Source document
special_city_council_meeting_minutes_october_6_202.pdf (Minutes)

Tick Tock Energy's other public contracts

More City of Mount Carmel contracts

Questions about this contract

Who was awarded the facilities contract by City of Mount Carmel?

Tick Tock Energy was awarded this facilities contract by City of Mount Carmel, as recorded on October 6, 2025. The contract value is $5,000,000 (projected).

How much is the Tick Tock Energy contract with City of Mount Carmel worth?

The Tick Tock Energy contract with City of Mount Carmel is valued at $5,000,000 (projected), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in special_city_council_meeting_minutes_october_6_202.pdf (Minutes), dated October 6, 2025 from City of Mount Carmel. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Tick Tock Energy hold?

Tick Tock Energy may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Mount Carmel currently buying?

Explore City of Mount Carmel's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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