County Sells 1.49 Acres to Penn-Mar Recycling for Rail Project
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Description
Allegany County Commissioners approved the sale of 1.49 acres of county-owned property to Penn-Mar Recycling, LLC for $50,000. The contract requires Penn-Mar to improve the site's out-of-service rail spur within three years or risk property reversion. The transaction supports local industrial and rail infrastructure development.
Contract Details
Contract Amount
$50,000
Vendor
PENN-MAR RECYCLING LLC
Agency
Allegany County, MD
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
If Penn-Mar fails to improve the rail-spur in 3 years, Allegany County may seek reversion of the property
Renewal Date
2029-06-04
Renewal Info
Reversion right: property may revert to county if improvements are not completed within 3 years. No automatic renewal or extension; performance clause governs future status.
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