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Vertikal to purchase lots in Salt Flats Property

City of Grand Junction
Disclosed value
$100
From resolution
Document date
Sep 17, 2025
Term
30-year deed restriction

The 30-second brief

What it covers

Letter of Intent (LOI) to Vertikal to purchase lots totaling approximately +/- 3.42 acres within the City-owned Salt Flats property. A reduced-price purchase of $100 is contingent on subdivision approval and securing Proposition 123 or other financing

Who holds it

VERTIKAL holds this purchase and sale agreement contract with City of Grand Junction.

What happens next

Term as filed: 30-year deed restriction.

See who signed off on this $100 contract.

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Contract details

Contract type
Purchase And Sale Agreement
Amount
$100
Document date
September 17, 2025
Term
30-year deed restriction
Vendor
VERTIKAL
Agency
City of Grand Junction
Source document
city-of-grand-junction-city-council-resolution-september-17-2025_c0b.pdf (Resolution)

VERTIKAL's other public contracts

City of Grand Junction, ColoradoLOI with Vertikal Approved for Mixed-Income Housing Project · Oct 1, 2025City of Grand Junction, ColoradoVertikal Secures LOI for Mixed-Income Housing Development · Sep 17, 2025$100City of Grand Junction, ColoradoCity to Consider Land Sale LOI with Vertikal · Sep 17, 2025UndisclosedCity of Grand Junction, ColoradoVertikal for Salt Flats development project · Aug 18, 2025UndisclosedCity of Grand Junction, ColoradoVertikal to develop Salt Flats housing project · Aug 18, 2025UndisclosedAll VERTIKAL contractsVendor profile

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Questions about this contract

Who was awarded the purchase and sale agreement contract by City of Grand Junction?

VERTIKAL was awarded this purchase and sale agreement contract by City of Grand Junction, as recorded on September 17, 2025. The contract value is $100.

How much is the VERTIKAL contract with City of Grand Junction worth?

The VERTIKAL contract with City of Grand Junction is valued at $100, covering purchase and sale agreement work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-grand-junction-city-council-resolution-september-17-2025_c0b.pdf (Resolution), dated September 17, 2025 from City of Grand Junction. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VERTIKAL hold?

VERTIKAL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Grand Junction currently buying?

Explore City of Grand Junction's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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