FINANCIAL_SERVICESPENDING

Holman Capital proposes TELP financing for LCMF solar

Holman Capital Corporation has proposed a 9-year tax-exempt lease purchase financing of approximately $2.3 million for a solar photovoltaic project at the Lenawee County Medical Care Facility, with semi-annual payments and a large federal Direct Pay ITC paydown in 2028. The structure includes an escrow-funded master lease and a guidance line of credit for future transactions, pending county board approval.

Document date · September 3, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,297,250 (Amount Financed); total payments $2,801,557.68; documentation fee $5,000; guidance line of credit up to $2,400,000 / $2,366,500 referenced in term sheet
Contract type
FINANCIAL_SERVICES
Contract term
9 years, semi-annual payments in arrears, commencement July 30, 2026, first payment due January 30, 2027
Renewal date
2035-07-30
Renewal
Rate lock assumed through July 30, 2026, after which lease rate and payments adjust to market if not funded; guidance line of credit has a 12-month renewal period but individual schedules are fixed-term once funded. Purchase option may be exercised on any scheduled payment date at approximately 106.5% of outstanding principal during the term.
Document type
AgendaPacket
Source document
Lenawee County Physical Resources Committee Agenda Packet 2026-09-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lenawee County?

Holman Capital Corporation was awarded this financial services contract by Lenawee County, as recorded on September 3, 2026. The contract value is $2,297,250 (Amount Financed); total payments $2,801,557.68; documentation fee $5,000; guidance line of credit up to $2,400,000 / $2,366,500 referenced in term sheet.

How much is the Holman Capital Corporation contract with Lenawee County worth?

The Holman Capital Corporation contract with Lenawee County is valued at $2,297,250 (Amount Financed); total payments $2,801,557.68; documentation fee $5,000; guidance line of credit up to $2,400,000 / $2,366,500 referenced in term sheet, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Lenawee County Physical Resources Committee Agenda Packet 2026-09-03 (AgendaPacket), dated September 3, 2026 from Lenawee County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Holman Capital Corporation hold?

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