Craven County Board of Commissioners Agenda Packet May 4, 2026
County Purchases 76 Acres from Weyerhaeuser for Industrial Expansion
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Description
Craven County authorized a $475,000 purchase of 76 acres on Clarks Road from Weyerhaeuser to expand industrial park capacity for economic development. The agreement includes a three-year timber reservation and utilizes state grant funds for land and infrastructure.
Contract Details
Contract Amount
$475,000
Vendor
WEYERHAEUSER
Agency
Craven County, NC
Contract Type
FACILITIES
Document Date
May 4, 2026
Contract Term
Includes three-year timber reservation period with option to buy out early
Renewal Info
Three-year timber reservation with an option for the County to buy out the reservation prior to the third year to accelerate development.
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