Newton Falls City Council Special Meeting Agenda April 2026
Newton Falls Plans Property Sale to AMP Transmission
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Description
Newton Falls City Council is considering emergency Ordinance 2026-19 to sell village-owned real and personal property to AMP Transmission, LLC for $2,707,922.24. The measure authorizes the City Manager to execute an asset purchase agreement, an O&M services agreement, and a ground lease to complete the transfer.
Contract Details
Contract Amount
$2,707,922.24
Vendor
AMP TRANSMISSION LLC
Agency
Newton Falls village, OH
Contract Type
OTHER
Document Date
April 29, 2026
Renewal Info
Initial authorization of Asset Purchase and Sale Agreement, Operations and Maintenance Service Agreement, and Ground Lease; specific renewal or extension terms are not stated in the agenda.
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