FACILITIESAPPROVED

Town of Black Oak Awards Facilities Contract to Black Oak Mountain Resort Property Owners Association (January 2026)

Black Oak Mountain Resort Property Owners Association enters into an agreement to convey its water supply and wastewater treatment systems, along with related real estate and easements, to Ozarks Clean Water Company for a nominal purchase price of $10.00. As consideration, the Association deposits $250,000 into a joint Rehab Account to fund major upgrades and eventual replacement of the wastewater treatment facility while retaining a future right of first refusal if the systems are resold.

Status
APPROVED
Document date
January 1, 2026
Contract type
FACILITIES
Vendor
Black Oak Mountain Resort Property Owners Association
Agency
Town of Black Oak · AR

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10.00 plus $250,000 deposit into Rehab Account and additional quarterly deposits for 60 months
Contract type
FACILITIES
Contract term
Closing date in 2026; certain obligations (e.g., Rehab Account funding and rate ceiling) extend for 60 months after closing; some provisions survive closing up to one year, others until Rehab Account funds are used
Renewal
This is a one-time conveyance agreement rather than a renewable service contract. Certain representations and warranties survive closing for up to one year, rate and Rehab Account contribution obligations extend for 60 months post-closing, and Seller holds an ongoing first right of refusal to repurchase the Real Estate and Systems for $10.00 if Buyer dissolves, winds down, or sells the assets.
Document type
Contract
Source document
Black Oak Mountain POA Agreement for Conveyance of Systems 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Black Oak?

Black Oak Mountain Resort Property Owners Association was awarded this facilities contract by Town of Black Oak, as recorded on January 1, 2026. The contract value is $10.00 plus $250,000 deposit into Rehab Account and additional quarterly deposits for 60 months.

How much is the Black Oak Mountain Resort Property Owners Association contract with Town of Black Oak worth?

The Black Oak Mountain Resort Property Owners Association contract with Town of Black Oak is valued at $10.00 plus $250,000 deposit into Rehab Account and additional quarterly deposits for 60 months, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Black Oak Mountain POA Agreement for Conveyance of Systems 2026 (Contract), dated January 1, 2026 from Town of Black Oak. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Black Oak Mountain Resort Property Owners Association hold?

Black Oak Mountain Resort Property Owners Association 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 Black Oak Mountain Resort Property Owners Association's profile

What is Town of Black Oak currently buying?

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

View Town of Black Oak's profile

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