Linn County Considers Morgan Valley Energy Agreement
Linn CountyCounty · Cedar Rapids, IA- Disclosed value
- $5,300,000 during construction, paid in four annual installments of $1,325,000; $50,000 for the first commercial-operation payment followed by 29 annual payments increasing 2% annually
- From agenda
- Document date
- Oct 12, 2026
The 30-second brief
Linn County is considering a Host Community Agreement with Interstate Power and Light Company for the proposed Morgan Valley Energy Center. The agreement would provide $5.3 million during construction plus 30 annual commercial-operation payments beginning at $50,000 and increasing by 2% annually.
Interstate Power & Light Company holds this contract with Linn County. Its other public contracts on record include work for City of Cedar Rapids.
Term as filed: Begins on the Effective Date and continues until termination or expiration at the end of the facility's operational life; the facility is projected to operate for 30 years.
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Contract details
- Amount
- $5,300,000 during construction, paid in four annual installments of $1,325,000; $50,000 for the first commercial-operation payment followed by 29 annual payments increasing 2% annually
- Document date
- October 12, 2026
- Term
- Begins on the Effective Date and continues until termination or expiration at the end of the facility's operational life; the facility is projected to operate for 30 years
- Vendor
- Interstate Power & Light Company
- Agency
- Linn County
- Source document
- Linn County Agenda Work Session Agenda 2026-10-12 (Agenda)
Interstate Power & Light Company's other public contracts
More Linn County contracts
Questions about this contract
Who was awarded the government contract by Linn County?
Interstate Power & Light Company was awarded this government contract by Linn County, as recorded on October 12, 2026. The contract value is $5,300,000 during construction, paid in four annual installments of $1,325,000; $50,000 for the first commercial-operation payment followed by 29 annual payments increasing 2% annually.
How much is the Interstate Power & Light Company contract with Linn County worth?
The Interstate Power & Light Company contract with Linn County is valued at $5,300,000 during construction, paid in four annual installments of $1,325,000; $50,000 for the first commercial-operation payment followed by 29 annual payments increasing 2% annually.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Linn County Agenda Work Session Agenda 2026-10-12 (Agenda), dated October 12, 2026 from Linn County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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