Option and Lease Summary - Tamsin Ridge Solar and Storage Project

C-04c97c05c7 · Page 1 of 2 · DR-0004 · 2023-05-30

The claim, in the assessor's words

Site control is through option-to-lease agreements on 12 of 14 parcels (1,063.4 acres) plus a recorded collection line easement on Parcel 7.

Quoted from page 1

holds option-to-lease agreements on 12 of the 14 parcels (1,063.4 acres) and a

Source developer_document · Claim type project_fact · Polarity neutral · Confidence high · Quote check exact, 100 of 100

Cited by PE-05 Site Control and Land Rights · Filed under PE-05

States the fact land.control = option to lease on 12 of 14 parcels; recorded collection easement on Parcel 7

On the page

The page text exactly as the engine read it, with the quote marked.

Placed verbatim · The quote occurs on the page exactly as written.

Read as native

Go to the marked quote

Northfold Energy Partners, LLC Development office: 88 East Broad Street, Suite 1400, Columbus, Ohio 43215 | northfold-energy.example Option and Lease Summary Tamsin Ridge Solar and Storage Project, Harrison Township, Carroll County, Ohio Prepared by the Northfold land team for Tamsin Ridge Solar, LLC. May 30, 2023. 1. Site control at a glance Tamsin Ridge Solar, LLC holds option-to-lease agreements on 12 of the 14 parcels (1,063.4 acres) and a recorded underground collection line easement on Parcel 7 (45.6 acres). Parcel 11 (31.0 acres, Okerlund Family Trust) is not under agreement. Each option was recorded by a memorandum of option in the Carroll County Recorder's office. Term Standard form (all 12 options) Option period 5 years from execution, with one 3-year extension on notice and payment Option payments Annual per-acre payment during the option period; credited against rent Lease term 35 years from the commercial operation date, with two 5-year renewals Rent Fixed annual rent per fenced acre with a 2% annual escalator; crop damage paid Use Solar generation, battery storage, substation, collection and gen-tie lines, roads Lessor reservations Hunting outside the fence; farming of unfenced land; oil and gas rights Decommissioning Lessee removes all facilities to a depth of 36 inches and restores the soil within 12 months after the lease ends; lessee posts security Drain tile Lessee repairs or reroutes tile damaged by construction Assignment Free assignment to affiliates and lenders; lender protections included 2. Status by landowner Landowner Parcels Acres Agreement Executed Varnum Farms LLC 1, 2 215.1 Option to lease Aug. 16, 2021 Jessamy and Corwin Strohl 3, 4 160.6 Option to lease Oct. 4, 2021 Hallorann Land Company LLC 5, 6 165.5 Option to lease Nov. 22, 2021 Delphine Asquith 7 45.6 Collection line easement Recorded Nov. 3, 2022 Bertrand and Ione Kellerman 8 79.8 Option to lease Jan. 18, 2022 Pettibone heirs (Ada Pettibone, trustee) 9, 10 210.0 Option to lease Feb. 7, 2022 Okerlund Family Trust 11 31.0 None; in negotiation - Marlis Thornbury 12, 13 155.2 Option to lease Mar. 29, 2022 Ruedell Partners LLC 14 77.2 Option to lease June 30, 2022 Northfold land team - privileged and confidential Page 1 of 2

The page

The outline marks where the quote begins on the page.

Page 1 of Option and Lease Summary - Tamsin Ridge Solar and Storage Project

Other claims quoted on this page

C-00d4067593
Lease requires lessee to remove facilities to 36 inches depth and restore soil within 12 months after lease end, with security posted.
C-f3753971f3
Standard lease provides that lessee repairs or reroutes drain tile damaged by construction.