Option to lease land granted for BESS project
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Description
Salem Township’s memorandum of option records that The Arlene D. DeForest Living Trust has granted KCE MI 1, LLC an exclusive, multi‑year option to lease approximately 10 acres at 6709 East Joy Road for an energy storage facility. The agreement includes associated access and utility easements and may extend up to four years while KCE evaluates and entitles the project.
Contract Details
Vendor
KCE MI 1 LLC
Agency
Town of Salem, MI
Contract Type
FACILITIES
Document Date
May 18, 2026
Contract Term
Initial Option Period 12 months from Effective Date in 2025, with up to three additional 12‑month Extension Option Periods (maximum 4 years total)
Renewal Info
Initial Option Period is 12 months from the Effective Date in 2025, automatically extendable for up to three additional 12‑month Extension Option Periods unless KCE MI 1, LLC provides written notice at least 30 days before the end of the then‑current period that it elects not to extend. Grantee may exercise the option at any time during the Option Period by written notice.
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