Pitt County Board of Commissioners Agenda March 2026
OM, LLC Signs 40-Year Land Lease for Solar Facility
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Description
OM, LLC entered into a 40-year lease agreement with Stonewood Solar, LLC for development of a utility-scale solar and battery storage facility on its Pitt County property, with strong decommissioning provisions.
Contract Details
Vendor
OM LLC
Agency
Town of Falkland, NC
Contract Type
CONSTRUCTION
Document Date
March 16, 2026
Contract Term
40-year land lease (begins 2026, ends ~2066)
Renewal Date
2066-12-31
Renewal Info
40-year contract term with restoration security. Financial assurances and cost reviews every five years as required by state.
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APPROVEDPitt County Board of Commissioners Agenda March 2026
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APPROVEDMore from Town of Falkland
Pitt County Board of Commissioners Agenda March 2026
Pitt County Board of Commissioners Agenda March 2026
pitt-county-strategic-planning-leadership-retreat-agenda_26a.pdf
pitt-county-board-of-commissioners-agenda-november-3-2025_b6d.pdf
pitt-county-board-of-commissioners-agenda-october-20-2025_f3c.pdf
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