CONTRACTAPPROVED

Village Accepts Land Donation from The Farmers & Merchants State Bank

Disclosed value: Donation (no consideration); From resolution
Approved: Jun 8, 2026

What it covers

The Village of Jackson Center approved the acceptance of a real property donation of a 14'x146.54-foot strip of land from The Farmers & Merchants State Bank, formerly Peoples Federal Savings & Loan Association. The agreement stipulates no consideration and assigns all closing, tax, and survey costs to the Village. The transaction is set to close within 30 days of agreement execution.

Who holds it

The Farmers & Merchants State Bank holds this contract with Town of Jackson.

What happens next

Term as filed: Property transfer closing occurs within thirty (30) days after execution; effective date is last date of signature.

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Contract details

Amount: Donation (no consideration)
Document date: June 8, 2026
Term: Property transfer closing occurs within thirty (30) days after execution; effective date is last date of signature
Vendor: The Farmers & Merchants State Bank
Agency: Town of Jackson
Source document: Village of Jackson Center Resolution 2026-005 Donation of Real Property 2026-06-08 (Resolution)

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Questions about this contract

Who was awarded the government contract by Town of Jackson?

The Farmers & Merchants State Bank was awarded this government contract by Town of Jackson, as recorded on June 8, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Jackson Center Resolution 2026-005 Donation of Real Property 2026-06-08 (Resolution), dated June 8, 2026 from Town of Jackson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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