Solar Easement Option Amended With Otter Tail Power
City of Fergus FallsCity · Fergus Falls, MN- Disclosed value
- $1,000 one-time option payment; $350 per acre annually during each applicable construction year; $350 per net acre annually during operations, escalating 2% per year
- From agendapacket
- Document date
- Oct 5, 2026
- Renews
- Free account
The 30-second brief
The Fergus Falls Port Authority and Otter Tail Power Company amended the company's solar easement option and related solar easement agreement. The amendment provides for a $1,000 option payment, construction fees, and escalating annual operating fees over a potential five-year option term.
Otter Tail Power Company holds this contract with City of Fergus Falls. Its other public contracts on record include work for City of Vergas and Mercer County.
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Contract details
- Amount
- $1,000 one-time option payment; $350 per acre annually during each applicable construction year; $350 per net acre annually during operations, escalating 2% per year
- Document date
- October 5, 2026
- Term
- Five years from July 24, 2025, unless earlier terminated or replaced by an effective Solar Easement Agreement
- Renews
- On record
- Vendor
- Otter Tail Power Company
- Agency
- City of Fergus Falls
- Source document
- Fergus Falls Port Authority AgendaPacket NE Residential Park Development 2026-10-05 (AgendaPacket)
Otter Tail Power Company's other public contracts
More City of Fergus Falls contracts
Questions about this contract
Who was awarded the government contract by City of Fergus Falls?
Otter Tail Power Company was awarded this government contract by City of Fergus Falls, as recorded on October 5, 2026. The contract value is $1,000 one-time option payment; $350 per acre annually during each applicable construction year; $350 per net acre annually during operations, escalating 2% per year.
How much is the Otter Tail Power Company contract with City of Fergus Falls worth?
The Otter Tail Power Company contract with City of Fergus Falls is valued at $1,000 one-time option payment; $350 per acre annually during each applicable construction year; $350 per net acre annually during operations, escalating 2% per year.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Fergus Falls Port Authority AgendaPacket NE Residential Park Development 2026-10-05 (AgendaPacket), dated October 5, 2026 from City of Fergus Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Otter Tail Power Company hold?
Otter Tail Power Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Fergus Falls currently buying?
Explore City of Fergus Falls's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.