City of Red Bank Board of Commissioners Work Session Agenda Packet 2026-06-16
Marion Environmental/Aqua Treat to Buy Former Sewer Site
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Description
The City of Red Bank has maintained a long-term lease for its former sewer plant property with Marion Environmental/Aqua Treat, who now seeks to purchase the site under prior lease terms. A quit claim sale is anticipated due to unresolved title defects.
Contract Details
Contract Amount
$904.57/month
Vendor
MARION ENVIRONMENTAL/AQUA TREAT
Agency
City of Red Bank, TN
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
Since 1995, option to purchase exercised
Renewal Info
Ongoing lease since 1995 with a purchase option; lessee has exercised the purchase option. Sale terms pending negotiation.
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