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County reviews road-use agreement, escrow options for solar projects on Reynolds Road
Summary
County staff described a proposed road use agreement for a small solar farm that would require a $50,000 deposit as collateral for road damage, while separate discussion covered decommissioning financial surety options (cash escrow, letter of credit or surety bond) and bridge permit evaluations for turbine/crane moves.
Lee County officials reviewed terms they plan to use to protect local roads and assure decommissioning for small-scale solar projects, including a proposed $50,000 collateral deposit and a choice of financial-security instruments for decommissioning costs.
David (public works/roads staff) described the road use agreement being negotiated for a solar project on Reynolds Road, saying developers would "put up $50,000" and "they'll deposit that into our treasury." He said the deposit would first cover attorney fees or consultant costs if necessary and then serve as collateral for any road damages; any unused…
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