City of Albion Downtown Development Authority Agenda Packet May 2026
Albion To Purchase 100 S. Superior From Land Bank
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Description
The City of Albion approved a Commercial Purchase Agreement with the Calhoun County Land Bank Authority to acquire 100 S. Superior Street for $1.00. The as-is sale includes environmental disclosures, a hold harmless agreement, and a closing deadline of May 29, 2026, to support downtown redevelopment planning.
Contract Details
Contract Amount
$1.00
Vendor
CALHOUN COUNTY LAND BANK AUTHORITY
Agency
City of Albion, MI
Contract Type
FACILITIES
Document Date
May 13, 2026
Contract Term
Closing to occur no later than May 29, 2026
Renewal Date
2026-05-29
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