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Port authority weighs long-term lease to Ottertail Power for proposed solar farm
Summary
Fergus Falls City Port Authority members reviewed a proposal from Ottertail Power to option roughly 20 acres for a solar farm, including a $1,000 option payment, multi‑stage development schedule and a proposed $300-per-acre annual rent (starting after a five-year option period). Members directed staff to research market rents and ask the company to pay property taxes.
Members of the Fergus Falls City Port Authority spent the bulk of their meeting discussing a proposal from Ottertail Power to develop a solar field on roughly 20 acres of port-owned land.
Ralph, who presented the proposal, said Ottertail is seeking a five-year option period with a one-time $1,000 option payment, a five-year development term, a three-year construction window and then a 35-year operations term with two optional 10‑year renewals. "They are requesting an option period for five years," Ralph said, and if the company "pulls the trigger" the annual rent would begin after year five at the proposed $300…
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