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County tightens decommissioning assurances for multiple solar projects, approves related building permits
Summary
The board approved decommissioning agreements and building-permit-related resolutions for several utility-scale solar projects, securing 100% financial assurance at the building-permit stage (often via letters of credit) and revising surety language to strengthen the county’s claim rights.
Vermilion County board members on Nov. 18 approved decommissioning agreements and related building-permit resolutions for several solar projects after staff described negotiated changes intended to protect the county’s financial interests.
County staff said state statute requires an owner to post 10% of decommissioning costs after one year of commercial operation, but the developer(s) for the Vermilion Solar 3 LLC project agreed to post 100% of the decommissioning cost at the building-permit phase. Staff also…
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