City approves land sale and development deal with FM Land I LLC
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Description
The Fort Morgan City Council approved a resolution authorizing the sale of Lot 3 in the Jensen Farms Minor Subdivision to FM Land I LLC and approved a Development Agreement to support the planned retail, gas station, and food and beverage development. The Mayor is authorized to execute the Contract to Buy and Sell Real Estate and all associated closing documents for the property.
Contract Details
Vendor
FM LAND I LLC
Agency
City of Fort Morgan, CO
Contract Type
OTHER
Document Date
September 16, 2025
Renewal Info
Development Agreement and Contract to Buy and Sell Real Estate to be executed at closing; specific duration or renewal provisions are contained in Exhibits A and B, which are not included in the resolution text.
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