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Missoula County Board of County Commissioners Administrative Public Meeting Agenda Packet 2026-06-18

Missoula County Sells Redfern 2 Park to YPMMRE LLC

$155,000 (4 payments: $30,000 at closing, $25,000 on 6/15/2027, $25,000 on 6/15/2028, remaining principal and accrued interest due 6/15/2029)Missoula CountyYPMMRE LLCJune 18, 2026

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Description

Missoula County approved the sale of Redfern 2 Park to YPMMRE, LLC for $155,000, with payments scheduled through June 2029 and the county retaining a security interest until paid.

Contract Details

Contract Amount

$155,000 (4 payments: $30,000 at closing, $25,000 on 6/15/2027, $25,000 on 6/15/2028, remaining principal and accrued interest due 6/15/2029)

Vendor

YPMMRE LLC

Agency

Missoula County, MT

Contract Type

OTHER

Document Date

June 18, 2026

Contract Term

June 18, 2026 – June 15, 2029 (payment schedule)

Renewal Date

2029-06-15

Renewal Info

Promissory note and trust indenture provide security until full payment on June 15, 2029.

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