County Leases Henson Road Property to Jingoli Power
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Description
Rutherford County Commissioners approved a five-year lease of 15.36 acres at the Henson Road Property to Jingoli Power, LLC at $27,000 per month, totaling $324,000 annually. The agreement includes an option to renew for an additional two-year term under the same leasing framework.
Contract Details
Contract Amount
$27,000 per month; total annual rent $324,000
Vendor
JINGOLI POWER LLC
Agency
Rutherford County, NC
Contract Type
FACILITIES
Document Date
April 20, 2026
Contract Term
60 months with option to renew for an additional 2-year term
Renewal Info
Initial lease term is 60 months with an option to renew for an additional two-year term; renewal must be exercised per the lease’s renewal provisions.
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Rutherford County Board of Commissioners Meeting Agenda May 2026
Rutherford County Board of Commissioners Meeting Minutes April 2026
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