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Lee County approves inducement resolutions to begin negotiations for large solar and battery projects
Summary
The commission adopted inducement resolutions to begin negotiations for industrial revenue bond (IRB) incentives for a Stellar‑proposed solar generation project (inducement up to $672 million) and a related battery energy storage system (approx. $5 million). Staff said the resolutions start PILT and public‑notice processes; formal IRB ordinances and public hearings will follow.
The Lee County Commission voted to adopt inducement resolutions that allow county staff to negotiate terms with Stellar Renewable and related entities for a large solar generation project on Gaynor property and a co‑located battery energy storage system.
County staff explained an inducement resolution is an initial step in the industrial revenue bond (IRB) process: it does not commit the county to issue bonds but allows the county and…
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