County Land Sold to Penn-Mar Recycling for Rail Improvements
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Description
The Allegany County Board of County Commissioners approved a real estate contract with Penn-Mar Recycling, LLC for the sale of 1.49 acres of County-owned land for $50,000. Penn-Mar will improve an out-of-service rail-spur on the property within 3 years, with a reversion clause if not completed.
Contract Details
Contract Amount
$50,000
Vendor
PENN-MAR RECYCLING LLC
Agency
Allegany County, MD
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
Sale of 1.49 acres; improvements required within 3 years
Renewal Date
2029-06-04
Renewal Info
If Penn-Mar fails to make improvements within 3 years, the County can seek reversion. No automatic renewal.
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