Williston Approves Land Sale to Typhoon Rentals LLC for $1.18M
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Description
The City Commission approved and executed a Real Estate Purchase Agreement with Typhoon Rentals LLC to sell approximately 4 acres of Lot 20 in the Williston Square Subdivision for a total of $1,176,120.00, with formal bidding requirements waived due to substantial justification. The transaction includes infrastructure contributions and supports local economic development.
Contract Details
Contract Amount
$1,176,120.00
Vendor
TYPHOON RENTALS LLC
Agency
City of Williston, TN
Contract Type
OTHER
Document Date
February 10, 2026
Contract Term
Closing must occur on or before thirty days after the due diligence period of the purchase agreement
Renewal Info
No automatic renewal; closing required within thirty days after due diligence unless mutually extended.
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City of Williston Board of City Commissioners Minutes 2026-05-12
City of Williston Board of City Commissioners Minutes 2026-05-12
City of Williston Board of City Commissioners Minutes 2026-05-12
City of Williston Board of City Commissioners Minutes 2026-05-12
City of Williston Board of City Commissioners Minutes 2026-05-12
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