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Council approves six-month extension to Taylor Solar lease; annual rent payment deferred

3550599 · May 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The DeKalb City Council approved Resolution 2025-055 to authorize a third amendment to the land lease and solar easement agreement with Taylor Solar LLC/SunVest, extending the development term to the end of 2025 and postponing the operating-term rent start date.

The DeKalb City Council on May 27 approved Resolution 2025-055 authorizing a third amendment to the land lease and solar easement agreement with Taylor Solar LLC (SunVest), extending the developer timeline and delaying the start of the project’s operating term and the city's associated annual rent payment.

City Manager Bill Nicholas told the council that…

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