Sartell Signs LOI for Wood Vault Project
City of SartellCity · Sartell, MN- Document date
- May 12, 2025
- Term
- 2 years
The 30-second brief
Sartell enters into a Letter of Intent with Carbon Lockdown Project Benefit LLC to explore a potential collaboration for a Wood Vault project at the landfill, targeting carbon removal credits. Sartell will seek a 75/25% revenue split in its favor, going to 90/10% over time.
Carbon Lockdown Project Benefit holds this letter of intent contract with City of Sartell.
Term as filed: 2 years.
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Contract details
- Contract type
- Letter Of Intent
- Document date
- May 12, 2025
- Term
- 2 years
- Agency
- City of Sartell
- Source document
- city-of-sartell-city-council-meeting-agenda-may-12-2025_926.pdf (Agenda)
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Questions about this contract
Who was awarded the letter of intent contract by City of Sartell?
Carbon Lockdown Project Benefit was awarded this letter of intent contract by City of Sartell, as recorded on May 12, 2025.
What type of contract is this?
This is a Letter Of Intent contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-sartell-city-council-meeting-agenda-may-12-2025_926.pdf (Agenda), dated May 12, 2025 from City of Sartell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Carbon Lockdown Project Benefit hold?
Carbon Lockdown Project Benefit 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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