CONTRACTPENDING

Bowtie Properties, LLC has $1M Real Estate deal

Disclosed value: $1,000,000; From agenda
Document date: Apr 15, 2025
Term: 3 months

What it covers

City Manager is authorized to execute a Real Estate Option to Purchase Contract with Bowtie Properties, LLC in the amount of $1 million for the purchase of 434 Calhoun Street and 1429 Hillsboro Street; $250,000 can be used from the Transportation budget and $750,000 needed from Fund Balance

Who holds it

Bowtie Properties holds this real estate option to purchase contract with City of Salisbury. Its other public contracts on record include work for Rowan County and Town of Salisbury.

What happens next

Term as filed: 3 months.

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Contract details

Contract type: Real Estate Option To Purchase
Amount: $1,000,000
Document date: April 15, 2025
Term: 3 months
Vendor: Bowtie Properties
Agency: City of Salisbury
Source document: city-of-salisbury-agenda-2025-04-15_c39.pdf (Agenda)

Bowtie Properties's other public contracts

Rowan County, North CarolinaBowtie Properties LLC ratification considered. · Nov 3, 2025Undisclosed Town of Salisbury, New YorkSalisbury Considers Wallace Family for Plaza Purchase · Jul 15, 2025Undisclosed Bourbonnais village (pt.), IllinoisBourbonnais Considers Annexation Agreement with Bowtie Properties LLC · Apr 21, 2025Undisclosed Bourbonnais village (pt.), IllinoisBourbonnais to Annex Bowtie Properties LLC Land · Apr 21, 2025Undisclosed Town of Bourbon, IllinoisBowtie Properties LLC annexation agreement pending · Apr 21, 2025Undisclosed All Bowtie Properties contractsVendor profile

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Questions about this contract

Who was awarded the real estate option to purchase contract by City of Salisbury?

Bowtie Properties was awarded this real estate option to purchase contract by City of Salisbury, as recorded on April 15, 2025. The contract value is $1,000,000.

How much is the Bowtie Properties contract with City of Salisbury worth?

The Bowtie Properties contract with City of Salisbury is valued at $1,000,000, covering real estate option to purchase work.

What type of contract is this?

This is a Real Estate Option To Purchase contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-salisbury-agenda-2025-04-15_c39.pdf (Agenda), dated April 15, 2025 from City of Salisbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bowtie Properties hold?

Bowtie Properties 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 City of Salisbury currently buying?

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

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