FACILITIESAMENDED

City of Norfolk Council Meeting Agenda April 2026

Norfolk Extends Deadline for Campostella Solar Lease Project

Estimated rent revenue $3,600,000 over up to 35 years; $2,500 per lease annually during Option Period; one-time $5,000 per lease during Construction Period; $2,100 per acre annually with 2% escalation once operationalNorfolk Redevelopment & Housing AuthorityCOMMUNITY POWER GROUP LLCApril 28, 2026

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Description

Norfolk extended the conditional use permit deadline for Community Power Group, LLC’s large-scale solar facility at the closed Campostella Landfill to August 7, 2027, consistent with existing site lease agreements. The leases provide option‑period payments, construction payments, and long‑term escalating rent expected to total about $3.6 million over a potential 35‑year term.

Contract Details

Contract Amount

Vendor

COMMUNITY POWER GROUP LLC

Agency

Norfolk Redevelopment & Housing Authority, VA

Contract Type

FACILITIES

Document Date

April 28, 2026

Contract Term

20‑year lease term with option for three additional 5‑year periods (up to 35 years); Option Period of first two years; CUP activation deadline extended to August 7, 2027

Renewal Date

2027-08-07

Renewal Info

Solar facility site lease includes a 20‑year initial term with options for three additional 5‑year extensions (maximum 35 years); CUP commencement deadline now extended by Council resolution to August 7, 2027 to match lease provisions.