Grand Island Land Lease Option Advances Battery Storage Project | Town of Grand Island | CC INTERNAL DEVELOPMENT LLC

Scope & details

The full contract record, as filed.

Contract amount

Option Period Payments: Year 1 $10,000.00; Year 2 $0.00; Year 3 $5,000.00; Year 4 $5,000.00. Construction rent: $1.25 per square foot of the Leased Area per year. Operating rent: $80,000 per Battery Energy Storage System per year, increasing annually by 2%.

Contract type

FACILITIES

Contract term

Option Period of up to 4 years from the Effective Date; if exercised, Construction Period followed by a 25-year Base Operating Period, with three optional 5-year extensions.

Renewal

The agreement provides three optional five-year extensions after the 25-year Base Operating Period. The tenant may terminate during the Option Period and may terminate during the Operating Period with 10 days' written notice, subject to a termination fee equal to one year's then-current operating rent.

Document type

Agenda

Source document

Town of Grand Island Agenda 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Grand Island?

Cc Internal Development Llc was awarded this facilities contract by Town of Grand Island, as recorded on October 5, 2026. The contract value is Option Period Payments: Year 1 $10,000.00; Year 2 $0.00; Year 3 $5,000.00; Year 4 $5,000.00. Construction rent: $1.25 per square foot of the Leased Area per year. Operating rent: $80,000 per Battery Energy Storage System per year, increasing annually by 2%..

How much is the Cc Internal Development Llc contract with Town of Grand Island worth?

The Cc Internal Development Llc contract with Town of Grand Island is valued at Option Period Payments: Year 1 $10,000.00; Year 2 $0.00; Year 3 $5,000.00; Year 4 $5,000.00. Construction rent: $1.25 per square foot of the Leased Area per year. Operating rent: $80,000 per Battery Energy Storage System per year, increasing annually by 2%., covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Grand Island Agenda 2026-10-05 (Agenda), dated October 5, 2026 from Town of Grand Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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