City of Concord Awards $3,000,000 Payment In Lieu Of Taxes Agreement Contract to Kearsarge Old Turnpike (September 2025)
City of ConcordCity · Concord, NH- Disclosed value
- $3,000,000
- From minutes
- Approved
- Sep 8, 2025
- Term
- 20 years
The 30-second brief
City Council approves payment in lieu of taxes agreement with Kearsarge Old Turnpike Road, LLC for proposed 5MW solar installation at capped landfill. The proposal offered payments of approximately $3 million, split between lease payments and PILOT(payment in lieu of taxes) payments, with possible annual payments resulting from a group net metering agreement.
Kearsarge Old Turnpike holds this payment in lieu of taxes agreement contract with City of Concord.
Term as filed: 20 years.
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Contract details
- Contract type
- Payment In Lieu Of Taxes Agreement
- Amount
- $3,000,000
- Document date
- September 8, 2025
- Term
- 20 years
- Vendor
- Kearsarge Old Turnpike
- Agency
- City of Concord
- Source document
- city-of-concord-city-council-meeting-minutes-draft_d3d.pdf (Minutes)
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Questions about this contract
Who was awarded the payment in lieu of taxes agreement contract by City of Concord?
Kearsarge Old Turnpike was awarded this payment in lieu of taxes agreement contract by City of Concord, as recorded on September 8, 2025. The contract value is $3,000,000.
How much is the Kearsarge Old Turnpike contract with City of Concord worth?
The Kearsarge Old Turnpike contract with City of Concord is valued at $3,000,000, covering payment in lieu of taxes agreement work.
What type of contract is this?
This is a Payment In Lieu Of Taxes Agreement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-concord-city-council-meeting-minutes-draft_d3d.pdf (Minutes), dated September 8, 2025 from City of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Kearsarge Old Turnpike hold?
Kearsarge Old Turnpike 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 Concord currently buying?
Explore City of Concord's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.