Lancia Homes Agreement Extended for Village Premier Lots
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Description
The Redevelopment Commission approved a First Amendment extending its purchase agreement with Lancia Homes, Inc. for twelve Village Premier lots through December 31, 2027. The extension preserves the existing nominal lot conveyance and profit-sharing structure to continue supporting single-family housing in southeast Fort Wayne.
Contract Details
Vendor
LANCIA HOMES INC
Agency
City of Fort Wayne, IN
Contract Type
CONSTRUCTION
Document Date
April 13, 2026
Contract Term
Extended from original expiration of December 31, 2025 to December 31, 2027
Renewal Date
2027-12-31
Renewal Info
Original agreement (Resolution 2023-37) expired December 31, 2025; First Amendment under Resolution 2026-14 extends the agreement term through December 31, 2027 with all other terms unchanged.
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