Springfield Approves $750K Linda Lane Surplus Land Sale

The Springfield City Council approved the sale of the surplus Linda Lane property to Jasper Hills, LLC for $750,000 under a negotiated Purchase and Sale Agreement, with closing tied to approval of a land use application and other terms. The City retains 12 acres for wetlands, and the sale enables potential development of the remaining property.

Document date · March 9, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$750,000

Contract type

OTHER

Contract term

Closing within 45 days after final written development application approval and appeal period expiration; due diligence period up to 90 days; entitlement submittal up to 180 days from agreement execution

Renewal

Not applicable; one-time property conveyance, not a renewable contract. Closing must occur within 45 days after land use approval and appeal expiration, with a price escalation clause.

Document type

Agenda

Source document

City of Springfield City Council Meeting Agenda March 2026

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Springfield AgendaPacket City Council Meeting 2026-10-05

APPROVED

City of Springfield, Oregon$750,000Oct 5, 2026

City of Springfield Agenda Linda Lane Property Offers For Purchase and Next Steps 2026-03-09

RECOMMENDED

City of Springfield, OregonMar 9, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Springfield?

Jasper Hills Llc was awarded this government contract by City of Springfield, as recorded on March 9, 2026. The contract value is $750,000.

How much is the Jasper Hills Llc contract with City of Springfield worth?

The Jasper Hills Llc contract with City of Springfield is valued at $750,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Springfield City Council Meeting Agenda March 2026 (Agenda), dated March 9, 2026 from City of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jasper Hills Llc hold?

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

View Jasper Hills Llc's profile

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