CONTRACTPENDING

J & R Properties Land Banking Purchase Approved

Disclosed value: $4,330,000; From meeting minutes
Document date: Feb 3, 2025

What it covers

The city will be executing a Purchase and Sale Agreement with J & R Properties of Wisconsin LLC for the purchase of the property located at 1814 S. Park Street for land banking purposes. Expenditure of funds for environmental assessment, title work, closing costs, holding costs, and demolition work for the same property, all totaling $4,330,000.

Who holds it

J & R Properties of Wisconsin holds this purchase and sale agreement contract with City of Madison. Its other public contracts on record include work for Madison Community Development Authority.

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Contract details

Contract type: Purchase And Sale Agreement
Amount: $4,330,000
Document date: February 3, 2025
Term: NA
Vendor: J & R Properties of Wisconsin
Agency: City of Madison
Source document: city-of-madisonmeeting-minutes2025-02-03_9fb.pdf (Meeting Minutes)

J & R Properties of Wisconsin's other public contracts

Madison Community Development Authority, WisconsinJ & R Properties sale agreement under consideration · Feb 3, 2025$4.3M Madison Community Development Authority, WisconsinCity buys property for land banking for $4.3M · Feb 3, 2025$4.3M Madison Community Development Authority, WisconsinCity Buys Property from J & R Properties · Feb 3, 2025$4.3M City of Madison, West Virginiacity-of-madison-agenda-2025-02-03_d81.pdf · Feb 3, 2025$4.3M City of Madison, WisconsinCity buys property from J & R Properties for $4.33M · Feb 3, 2025$4.3M

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Questions about this contract

Who was awarded the purchase and sale agreement contract by City of Madison?

J & R Properties of Wisconsin was awarded this purchase and sale agreement contract by City of Madison, as recorded on February 3, 2025. The contract value is $4,330,000.

How much is the J & R Properties of Wisconsin contract with City of Madison worth?

The J & R Properties of Wisconsin contract with City of Madison is valued at $4,330,000, covering purchase and sale agreement work.

What type of contract is this?

This is a Purchase And Sale Agreement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-madisonmeeting-minutes2025-02-03_9fb.pdf (Meeting Minutes), dated February 3, 2025 from City of Madison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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