real_estate_purchase_and_sale_agreement.pdf
District Approves $750,000 Building Purchase from Local Bank
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Description
Crete-Monee Community Unit School District 201-U Board of Education approved the purchase of an office building and 1.98 acres of land from Old Plank Trail Community Bank, NA for $750,000, subject to discounts and rental credits. The agreement includes an easement and transfer of office furnishings.
Contract Details
Contract Amount
$750,000.00 less 5% discount and rental credits
Vendor
OLD PLANK TRAIL COMMUNITY BANK NA
Agency
Crete Monee CUSD 201U, IL
Contract Type
OTHER
Document Date
June 30, 2023
Contract Term
Sale closing on or before June 30, 2023
Renewal Date
2023-06-30
Renewal Info
Not a renewable contract; one-time property purchase and transfer. Lease terminated at closing.
More from OLD PLANK TRAIL COMMUNITY BANK NA
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APPROVEDcrete-monee-cusd-201u-contract-2023-08-31_16e.pdf
AWARDEDreal_estate_purchase_and_sale_agreement_crete_mone.pdf
APPROVEDcrete-monee-cusd-201u-resolution-2023-04-18_56d.pdf
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