city-of-hillsboro-council-agenda-orchard-ridge-property-strategic-plan-may-27-2025_6bb.pdf
3-year option contract for housing development property purchase
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Description
Hillsboro Land Bank granted a 3-year option to purchase property for $1.00, exercisable if construction not started by February 1, 2026.
Contract Details
Contract Amount
$1.00
Vendor
Hillsboro LAND BANK
Agency
Town of Western, KS
Contract Type
Real Estate Option
Document Date
May 27, 2025
Contract Term
May 27, 2025 – February 1, 2028
Renewal Date
2028-05-27
Renewal Info
NA
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