City of Vandalia Council Special Meeting Minutes November 2025
Addison Properties Offers $160K Contribution for Road Improvements
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Description
Addison Properties has offered to pay $160,857 in three installments as its share of intersection road improvements required for the Riverdale Subdivision project. The payments are to be made at the approval of each of the first three project phases.
Contract Details
Contract Amount
$160,857 (developer share, three installments)
Vendor
ADDISON PROPERTIES
Agency
City of Vandalia, OH
Contract Type
OTHER
Document Date
November 12, 2025
Contract Term
Installments at approval of each of first three phases
Renewal Info
Fee-in-lieu payment structured over three project phases; subject to future approvals in council sessions.
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