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City Option Agreementpending

hillsboro-housing-authority-agenda-2025-05-27_014.pdf

Hillsboro Land Bank Gets Option to Purchase Property

$1.00Hillsboro Housing AuthorityHillsboro LAND BANKMay 27, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Hillsboro Land Bank has an option to purchase the property for the purchase price set forth on Exhibit A with an initial purchase price of $1.00. The Project Commencement Period: Vertical construction of the Project to be substantially commenced by February 1, 2026.

Contract Details

Contract Amount

$1.00

Vendor

Hillsboro LAND BANK

Agency

Hillsboro Housing Authority, KS

Contract Type

City Option Agreement

Document Date

May 27, 2025

Contract Term

3 years

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