City Weighs $1 Purchase of Historic Downtown Building

Calhoun County Land Bank Authority has offered to transfer ownership of 100 S. Superior Street to the City of Albion for $1.00 plus title and closing costs, contingent on City Council approval. If approved, the transfer would avert a pending ARPA-funded demolition contract and allow the City to pursue stabilization or rehabilitation options for the historic downtown structure.

Scope & details

The full contract record, as filed.

Contract amount

$1.00 plus cost of title work and closing costs

Contract type

FACILITIES

Document type

Agenda

Source document

City of Albion Council Study Session Agenda May 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Albion?

Calhoun County Land Bank Authority was awarded this facilities contract by City of Albion, as recorded on May 4, 2026. The contract value is $1.00 plus cost of title work and closing costs.

How much is the Calhoun County Land Bank Authority contract with City of Albion worth?

The Calhoun County Land Bank Authority contract with City of Albion is valued at $1.00 plus cost of title work and closing costs, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Albion Council Study Session Agenda May 2026 (Agenda), dated May 4, 2026 from City of Albion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Calhoun County Land Bank Authority hold?

Calhoun County Land Bank Authority 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 Calhoun County Land Bank Authority's profile

What is City of Albion currently buying?

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

View City of Albion's profile