Village of Jackson Center Resolution 2026-005 Donation of Real Property 2026-06-08
Village Accepts Land Donation from The Farmers & Merchants State Bank
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Description
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.
Contract Details
Contract Amount
Donation (no consideration)
Vendor
THE FARMERS & MERCHANTS STATE BANK
Agency
Town of Jackson, OH
Contract Type
OTHER
Document Date
June 8, 2026
Contract Term
Property transfer closing occurs within thirty (30) days after execution; effective date is last date of signature
Renewal Info
No renewal or extension terms; agreement is a one-time property donation with conditions and fees outlined.
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