City of Moberly Council Meeting Agenda Packet May 19, 2026
City Conveys 826 Franklin for Infill Home by Pretz
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Description
Moberly approved a cooperative infill development agreement with Pretz Contracting, LLC to build a three-bedroom home at 826 Franklin Street. The City will convey the vacant lot for $1.00 while the developer funds and completes construction within 18 months under performance safeguards.
Contract Details
Contract Amount
$1.00 purchase price for property; $1,000.00 developer deposit
Vendor
PRETZ CONTRACTING LLC
Agency
Housing Authority of the city of Moberly, MO
Contract Type
CONSTRUCTION
Document Date
May 18, 2026
Contract Term
Developer must submit building plans and permit application within 6 months of effective date; commence construction within 30 days of permit; complete construction within 18 months of effective date
Renewal Info
Agreement includes a $1,000 refundable deposit and a conditional quit-claim deed back to the City if Pretz fails to initiate or complete construction on schedule; deposit refunded upon issuance of occupancy permit.
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AWARDEDIssuing Agency
Housing Authority of the city of Moberly
Local Housing Authority
Moberly, MO
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