City of Odessa AgendaPacket Board of Aldermen Regular Meeting 2026-05-11
City Approves ROW Agreement with Advanced Industries
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Description
The City of Odessa is approving a Right of First Refusal Agreement with Advanced Industries LLC related to vacating a portion of E. Marlow Street for employee parking and storage. The agreement allows the City to repurchase the vacated right of way for $10 if it is no longer needed or offered for sale, enabling reestablishment of the public street.
Contract Details
Contract Amount
$10 repurchase price if exercised
Vendor
ADVANCED INDUSTRIES LLC
Agency
City of Odessa, MO
Contract Type
FACILITIES
Document Date
May 11, 2026
Contract Term
Right of first refusal remains open until City accepts or refuses to accept the street
Renewal Info
Right of first refusal remains in effect until the City either exercises or declines to exercise its purchase right; no fixed end date stated.
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