City sells 9.98-acre site to 21 Albermarle LLC

Newton commissioners approved a Purchase of Sale Agreement and authorizing resolution to sell 9.98 acres at 1st Street and Oliver to 21 Albermarle, LLC for about $79,840. The buyer, on behalf of Ben Franklin Crafts, must build a 40,000-square-foot facility by May 1, 2025 or the City can repurchase the land at the original price.

Document date · August 26, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$8,000 per acre for 9.98 acres (approximately $79,840)

Contract type

OTHER

Contract term

Facility construction deadline of May 1, 2025, tied to City repurchase option

Renewal date

2025-05-01

Renewal

Agreement includes a City option to repurchase the land at the original purchase price if the buyer does not construct the required facility by May 1, 2025.

Document type

Agenda

Source document

city_of_newton_regular_commission_meeting_agenda_a.pdf

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City of Newton AgendaPacket Regular Commission Meeting 2026-09-08

DISCUSSED

City of Newton, Kansas$79,840.00Sep 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Newton?

21 Albermarle Llc was awarded this government contract by City of Newton, as recorded on August 26, 2025. The contract value is $8,000 per acre for 9.98 acres (approximately $79,840).

How much is the 21 Albermarle Llc contract with City of Newton worth?

The 21 Albermarle Llc contract with City of Newton is valued at $8,000 per acre for 9.98 acres (approximately $79,840).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_newton_regular_commission_meeting_agenda_a.pdf (Agenda), dated August 26, 2025 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 21 Albermarle Llc hold?

21 Albermarle Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 21 Albermarle Llc's profile

What is City of Newton currently buying?

Explore City of Newton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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