City Terminates Town Center MAKO Development Deal

The City of Lookout Mountain approved a mutual termination of its Real Estate Purchase and Development Agreement with MAKO Properties, LLC for a planned grocery store at the Town Center site. As part of the termination, the City will refund half of the developer’s $25,000 deposit and authorize execution of a formal termination agreement.

Scope & details

The full contract record, as filed.

Contract amount

Refund of half the $25,000 deposit

Contract type

FACILITIES

Renewal

Existing development agreement is being mutually terminated and replaced by a termination agreement including a partial refund of the original deposit.

Document type

Minutes

Source document

City of Lookout Mountain Council Meeting Minutes February 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Lookout Mountain?

Mako Properties Llc was awarded this facilities contract by City of Lookout Mountain, as recorded on February 12, 2026. The contract value is Refund of half the $25,000 deposit.

How much is the Mako Properties Llc contract with City of Lookout Mountain worth?

The Mako Properties Llc contract with City of Lookout Mountain is valued at Refund of half the $25,000 deposit, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Lookout Mountain Council Meeting Minutes February 2026 (Minutes), dated February 12, 2026 from City of Lookout Mountain. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mako Properties Llc hold?

Mako Properties Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Mako Properties Llc's profile

What is City of Lookout Mountain currently buying?

Explore City of Lookout Mountain's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Lookout Mountain's profile