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Exceed GeoEnergy lease: company to pay $10,000 annually, targets winter break start
Summary
Superintendent Carmen Rubner said Exceed GeoEnergy has paid about $8,000 in legal fees, will pay $10,000 per year for the first three years of the lease, and is awaiting concrete‑pad quotes with work targeted for winter break.
Superintendent Carmen Rubner updated the board that Exceed GeoEnergy has paid the district's attorney fees (approximately $8,000) and will pay the district $10,000.00 per year for the first three years of the proposed lease. The company is currently soliciting concrete‑pad bids and hopes to begin work during the district winter break if schedules and bids allow.
Rubner said additional timing and start‑date details will be provided as quotes and schedules are finalized; no board action was taken at the Sept. 24 meeting. The board did not discuss lease revenue beyond the first three years at the meeting.
