Published by admin on Tue, 06/03/2025 - 3:48pm
A green energy developer will pay Coal City over $60,000 to install solar panels on a parcel of land west of Dresden Road, according to an agreement approved by the village board of trustees.
By unanimous vote at their May 28 meeting, the board authorized Mayor Dave Spesia to enter a payment-in-lieu-of-taxes (PILOT) agreement with Coal City Solar for a planned solar installation.
The company is leasing approximately 30 acres on the property – located in the northernmost section of Coal City’s land use planning area – from a local business entity, 565 Farm LLC.