OTHERPENDING

Town Proposes $1.2 Million Sale of Heron Park Parcel 57

The Town of Berlin, Maryland, has proposed a contract of sale to Coastal Ventures Properties, LLC, for Heron Park Parcel 57 at the appraised price of $1,200,000. The deal includes multiple contingencies such as easements, rezoning, and the use of a $500,000 state demolition grant. The buyer is responsible for extensive development obligations and must complete construction within 24 months after taking possession.

Document date · September 6, 2023

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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

Scope & details

The full contract record, as filed.

Contract amount
$1,200,000.00
Contract type
OTHER
Contract term
Settlement to occur in 2023, construction/redevelopment to finish within 24 months of possession
Renewal
The contract may be amended only by a writing signed by both parties. No automatic renewal; performance timelines tied to settlement and subsequent redevelopment completion within 24 months of possession.
Document type
Contract
Source document
town-of-berlin-contract-2023-09-06_601.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Berlin?

Coastal Ventures Properties Llc was awarded this government contract by Town of Berlin, as recorded on September 6, 2023. The contract value is $1,200,000.00.

How much is the Coastal Ventures Properties Llc contract with Town of Berlin worth?

The Coastal Ventures Properties Llc contract with Town of Berlin is valued at $1,200,000.00.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-berlin-contract-2023-09-06_601.pdf (Contract), dated September 6, 2023 from Town of Berlin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Coastal Ventures Properties Llc hold?

Coastal Ventures Properties 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.

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