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Independent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26

District signs 5-year solar facility lease

$90.00 per year Leased Space Rent; $10.00 per year Energy System RentMaple Lake Public School DistrictIDEAL ENERGIES SOLAR LEASING LLCMay 26, 2026

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Description

Independent School District No. 881 executed a five-year Facility Lease Agreement with Ideal Energies Solar Leasing, LLC covering roof and ground space and the solar energy system at Maple Lake Elementary. The district will receive $100 per year in rent while retaining ownership of the solar equipment.

Contract Details

Contract Amount

$90.00 per year Leased Space Rent; $10.00 per year Energy System Rent

Vendor

IDEAL ENERGIES SOLAR LEASING LLC

Agency

Maple Lake Public School District, MN

Contract Type

FACILITIES

Document Date

May 26, 2026

Contract Term

5 years from Substantial Completion Date

Renewal Info

Initial 5-year term beginning at Substantial Completion with month-to-month holdover permitted; no automatic renewal, but tenancy may continue on a month-to-month basis until terminated by either party with 30 days’ notice.

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