City to convey 8th Street parcels for $1
Northwest Regional Airport AuthorityAirport Authority · Bentonville, AR- Disclosed value
- $1.00
- From agenda
- Document date
- Apr 24, 2026
The 30-second brief
Grand Traverse County Land Bank Authority is considering approval of a $1.00 Purchase and Sale Agreement with the City of Traverse City to acquire two East 8th Street parcels for an affordable housing redevelopment tied to the CityView/Copy Central project. The agreement includes a 120‑day due diligence period and a long-term affordable housing covenant with potential reversion.
City of Traverse City holds this facilities contract with Northwest Regional Airport Authority. Its other public contracts on record include work for Grand Traverse County and Suttons Bay village.
Term as filed: Due diligence period of 120 days from Effective Date; affordable housing covenant for at least 30 years after certificate of occupancy or term of financing, whichever is longer.
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Contract details
- Contract type
- Facilities
- Amount
- $1.00
- Document date
- April 24, 2026
- Term
- Due diligence period of 120 days from Effective Date; affordable housing covenant for at least 30 years after certificate of occupancy or term of financing, whichever is longer
- Vendor
- City of Traverse City
- Source document
- Grand Traverse County Land Bank Authority Meeting Agenda April 2026 (Agenda)
City of Traverse City's other public contracts
More Northwest Regional Airport Authority contracts
Questions about this contract
Who was awarded the facilities contract by Northwest Regional Airport Authority?
City of Traverse City was awarded this facilities contract by Northwest Regional Airport Authority, as recorded on April 24, 2026. The contract value is $1.00.
How much is the City of Traverse City contract with Northwest Regional Airport Authority worth?
The City of Traverse City contract with Northwest Regional Airport Authority is valued at $1.00, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Grand Traverse County Land Bank Authority Meeting Agenda April 2026 (Agenda), dated April 24, 2026 from Northwest Regional Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Traverse City hold?
City of Traverse City 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 Northwest Regional Airport Authority currently buying?
Explore Northwest Regional Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.