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Lease agreementpending

town-of-waddams-agenda-2025-05-27_a03.pdf

SunVest requests lease amendment for solar project

$91,200 per yearTown of WaddamsSUNVESTMay 27, 2025

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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

Description

DeKalb Taylor Solar, LLC (SunVest) requests a third amendment to the Land Lease and Solar Easement Agreement. The initial rent is $1,900 an acre or $91,200 per year, with a 2% annual escalator during the 25-year Operating Term.

Contract Details

Contract Amount

$91,200 per year

Vendor

SUNVEST

Agency

Town of Waddams, IL

Contract Type

Lease agreement

Document Date

May 27, 2025

Contract Term

25 year

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