OTHERRECOMMENDED

Lease Option for Solar Project Proposed with Cenergy

Village staff recommended approving a 24‑month Lease Option Agreement with Cenergy Power for about nine acres of Village-owned land on Douglas Road, under which Cenergy would pay $2,000 annually while assessing feasibility for a solar or energy storage project. The agreement is structured as an option preceding any long-term lease for solar development.

Status
RECOMMENDED
Document date
March 23, 2026
Contract type
OTHER
Vendor
Cenergy Power
Agency
Town of Montgomery · 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
$2,000/year during option period
Contract type
OTHER
Contract term
24‑month lease option period
Renewal
Lease option runs for 24 months with annual payments; potential subsequent 20‑year operating lease with escalator was discussed conceptually at the March 9 meeting but is not yet approved.
Document type
AgendaPacket
Source document
Village of Montgomery Village Board Meeting Agenda Packet March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Montgomery?

Cenergy Power was awarded this government contract by Town of Montgomery, as recorded on March 23, 2026. The contract value is $2,000/year during option period.

How much is the Cenergy Power contract with Town of Montgomery worth?

The Cenergy Power contract with Town of Montgomery is valued at $2,000/year during option period.

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 Montgomery Village Board Meeting Agenda Packet March 2026 (AgendaPacket), dated March 23, 2026 from Town of Montgomery. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cenergy Power hold?

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

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What is Town of Montgomery currently buying?

Explore Town of Montgomery's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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