Village of Montgomery Board Meeting Minutes March 23 2026
Cenergy Granted 24-Month Lease Option By Village
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Description
The Village of Montgomery approved Resolution 2026-011 granting Cenergy a 24-month lease option on Village-owned property at $2,000 per year for due diligence. After this period, Cenergy must return to the Village for rezoning, Special Use approval, and negotiation of a full lease.
Contract Details
Contract Amount
$2,000 per year during 24-month option period
Vendor
CENERGY
Agency
Town of Montgomery, IL
Contract Type
OTHER
Document Date
March 23, 2026
Contract Term
24-month lease option period for due diligence at $2,000 per year; future lease to be negotiated later
Renewal Date
2028-03-23
Renewal Info
Initial lease option runs for 24 months; any subsequent operating lease would require new negotiations and approvals after due diligence.
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