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City buys property from Bowtie for $1 million

Town of Salisbury logoTown of Salisbury
Disclosed value
$1,000,000
From agenda
Document date
Apr 1, 2025

The 30-second brief

What it covers

City Manager authorized to execute a Real Estate Option to Purchase Contract with Bowtie Properties, LLC for $1 million for property purchase, with $750,000 approved budget Ordinance amendment and $250,000 from Transportation Department Special Project Fund.

Who holds it

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

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Contract details

Contract type
Real Estate Option To Purchase
Amount
$1,000,000
Document date
April 1, 2025
Term
NA
Vendor
Bowtie Properties
Agency
Town of Salisbury
Source document
town-of-salisbury-agenda-2025-04-01_99b.pdf (Agenda)

Bowtie Properties's other public contracts

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

More Town of Salisbury contracts

Highfill Infrastructure EngineeringHighfill Infrastructure to Improve Lift Station · Jun 17, 2025$216.7KDeacon Jones FordFord F150 Purchase Approved for Telecommunications · Jun 17, 2025$44KScreen MachineScreen Machine Compost Screener Purchase Approved · Jun 17, 2025$85.1KMeritage Homes of the CarolinasMeritage Homes to Improve Sewer Infrastructure · Jun 17, 2025$425KCatawba CollegeCatawba College Approves Fiber Installation in Salisbury · Jun 3, 2025UndisclosedAll Town of Salisbury activityAgency profile

Questions about this contract

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

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

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

The Bowtie Properties contract with Town 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 town-of-salisbury-agenda-2025-04-01_99b.pdf (Agenda), dated April 1, 2025 from Town 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 Town of Salisbury currently buying?

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

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