CONTRACT

City buys property for land banking for $4.3M

Disclosed value: $4,330,000; From minutes
Document date: Feb 3, 2025

What it covers

City to purchase property from J & R Properties of Wisconsin LLC for $4,330,000 for land banking purposes, including environmental assessment, title work, closing costs, holding costs, and demolition.

Who holds it

J & R Properties of Wisconsin holds this purchase and sale contract with Madison Community Development Authority. Its other public contracts on record include work for City of Madison.

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Contract details

Contract type: Purchase And Sale
Amount: $4,330,000
Document date: February 3, 2025
Term: NA
Vendor: J & R Properties of Wisconsin
Agency: Madison Community Development Authority
Source document: city-of-madison-finance-committee-meeting-minutes-february-3-2025_414.pdf (Minutes)

J & R Properties of Wisconsin's other public contracts

Madison Community Development Authority, WisconsinJ & R Properties sale agreement under consideration · Feb 3, 2025$4.3M Madison Community Development Authority, WisconsinCity Buys Property from J & R Properties · Feb 3, 2025$4.3M City of Madison, West Virginiacity-of-madison-agenda-2025-02-03_d81.pdf · Feb 3, 2025$4.3M City of Madison, West VirginiaJ & R Properties Land Banking Purchase Approved · Feb 3, 2025$4.3M City of Madison, WisconsinCity buys property from J & R Properties for $4.33M · Feb 3, 2025$4.3M

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Questions about this contract

Who was awarded the purchase and sale contract by Madison Community Development Authority?

J & R Properties of Wisconsin was awarded this purchase and sale contract by Madison Community Development Authority, as recorded on February 3, 2025. The contract value is $4,330,000.

How much is the J & R Properties of Wisconsin contract with Madison Community Development Authority worth?

The J & R Properties of Wisconsin contract with Madison Community Development Authority is valued at $4,330,000, covering purchase and sale work.

What type of contract is this?

This is a Purchase And Sale contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-madison-finance-committee-meeting-minutes-february-3-2025_414.pdf (Minutes), dated February 3, 2025 from Madison Community Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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