Village of Montgomery Board Meeting Agenda Packet April 2026
Cenergy Granted Lease Option on Village Property
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Description
The Village Board approved Resolution 2026-011 granting Cenergy a lease option on Village-owned property at $2,000 per year for a 24‑month due diligence period. Future rezoning, Special Use approval, and a full lease will be negotiated if the project proceeds.
Contract Details
Contract Amount
$2,000 per year during due diligence period
Vendor
CENERGY
Agency
Town of Montgomery, IL
Contract Type
OTHER
Document Date
April 27, 2026
Contract Term
24‑month lease option period for due diligence
Renewal Date
2028-03-23
Renewal Info
Lease option runs for 24 months with annual option payments of $2,000; any subsequent operating lease would be negotiated later.
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Village of Montgomery Board Meeting Agenda Packet April 2026
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Village of Montgomery Board Meeting Agenda Packet April 2026
Village of Montgomery Board Meeting Agenda Packet April 2026
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