CONTRACTAPPROVED

City Acquires Land from Economic Development Corporation

Town of Corinth logoTown of Corinth
Disclosed value
Not to exceed $10.00 and other good and valuable consideration
From agenda
Approved
Feb 19, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Corinth Council authorized acquisition of approximately 3.54 acres of property from the Corinth Economic Development Corporation at a nominal cost, subject to use for economic development within five years. The Performance Agreement includes reversion terms if the property is not used per the agreement.

Who holds it

Corinth Economic Development Corporation holds this contract with Town of Corinth. Its other public contracts on record include work for City of Corinth.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Corinth contract.

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Contract details

Amount
Not to exceed $10.00 and other good and valuable consideration
Document date
February 19, 2026
Term
Effective February 19, 2026; subject to reversion if economic development clause not met (up to 5 years)
Renews
Free account
Source document
City of Corinth Council Meeting Agenda February 2026 (Agenda)

Corinth Economic Development Corporation's other public contracts

More Town of Corinth contracts

Questions about this contract

Who was awarded the government contract by Town of Corinth?

Corinth Economic Development Corporation was awarded this government contract by Town of Corinth, as recorded on February 19, 2026. The contract value is Not to exceed $10.00 and other good and valuable consideration.

How much is the Corinth Economic Development Corporation contract with Town of Corinth worth?

The Corinth Economic Development Corporation contract with Town of Corinth is valued at Not to exceed $10.00 and other good and valuable consideration.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Corinth Council Meeting Agenda February 2026 (Agenda), dated February 19, 2026 from Town of Corinth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Corinth Economic Development Corporation hold?

Corinth Economic Development Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Corinth currently buying?

Explore Town of Corinth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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