IDA considers land purchase including Griffin parcels

The Pittsylvania County Industrial Development Authority is considering a purchase and sale agreement that includes land owned by Derek L. Griffin as part of a 184.51-acre assemblage priced at $3,136,670.00 ($17,000 per acre). The deal includes a $25,200 earnest money deposit, a 120-day due diligence period, and a closing on or before June 6, 2027.

Scope & details

The full contract record, as filed.

Contract amount

Included in total purchase price of $3,136,670.00 ($17,000 per acre)

Contract type

FACILITIES

Contract term

120-day due diligence period; closing on or before June 6, 2027

Renewal date

2027-06-06

Renewal

Single property acquisition; no renewals anticipated. Due diligence period is 120 days with closing targeted on or before June 6, 2027.

Document type

Agenda

Source document

Pittsylvania County Industrial Development Authority Agenda 2026-07-22

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Pittsylvania County?

Griffin, Derek L was awarded this facilities contract by Pittsylvania County, as recorded on July 22, 2026. The contract value is Included in total purchase price of $3,136,670.00 ($17,000 per acre).

How much is the Griffin, Derek L contract with Pittsylvania County worth?

The Griffin, Derek L contract with Pittsylvania County is valued at Included in total purchase price of $3,136,670.00 ($17,000 per acre), covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pittsylvania County Industrial Development Authority Agenda 2026-07-22 (Agenda), dated July 22, 2026 from Pittsylvania County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Griffin, Derek L hold?

Griffin, Derek L 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 Griffin, Derek L's profile

What is Pittsylvania County currently buying?

Explore Pittsylvania County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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