City of Odessa AgendaPacket Board of Aldermen Regular Agenda 2026-05-11
City OKs Right of Refusal with Advanced Industries
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Description
The City of Odessa approved a Right of First Refusal Agreement with Advanced Industries, LLC related to the vacation of a portion of E. Marlow Street for employee parking and material storage. Under the agreement, the City may repurchase the vacated right of way for $10 if the property is sold or no longer needed.
Contract Details
Contract Amount
$10
Vendor
ADVANCED INDUSTRIES LLC
Agency
City of Odessa, MO
Contract Type
FACILITIES
Document Date
May 11, 2026
Renewal Info
Right of first refusal remains in effect until the City declines or exercises its purchase right and reacquires the street for no more than $10.
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