Council Reviews Financial Actions for LG Energy Solution Deal
- Disclosed value
- $400,000 budget adjustment; $50,000,000 defeasance referenced
- From agendapacket
- Document date
- Nov 5, 2025
The 30-second brief
Queen Creek Town Council will consider a series of budget adjustments and cash transfers tied to the LG Energy Solution Development Agreement, including recognition of Title 42 funding and setup of an invested sinking fund to defease $50 million in 2023 excise tax and state-shared revenue obligations by mid-2026.
Lg Energy Solution holds this contract with Town of Queen Creek town. Its other public contracts on record include work for Utah GOED Business Development Board | State of Utah and City of Holland city.
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Contract details
- Amount
- $400,000 budget adjustment; $50,000,000 defeasance referenced
- Document date
- November 5, 2025
- Vendor
- Lg Energy Solution
- Agency
- Town of Queen Creek town
- Source document
- Town of Queen Creek Agenda Packet 2025-11-05 (AgendaPacket)
Lg Energy Solution's other public contracts
More Town of Queen Creek town contracts
Questions about this contract
Who was awarded the government contract by Town of Queen Creek town?
Lg Energy Solution was awarded this government contract by Town of Queen Creek town, as recorded on November 5, 2025. The contract value is $400,000 budget adjustment; $50,000,000 defeasance referenced.
How much is the Lg Energy Solution contract with Town of Queen Creek town worth?
The Lg Energy Solution contract with Town of Queen Creek town is valued at $400,000 budget adjustment; $50,000,000 defeasance referenced.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Town of Queen Creek Agenda Packet 2025-11-05 (AgendaPacket), dated November 5, 2025 from Town of Queen Creek town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lg Energy Solution hold?
Lg Energy Solution 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 Town of Queen Creek town currently buying?
Explore Town of Queen Creek town's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.