town-of-ottawa-city-commission-meeting-agenda-august-13-2025_e43.pdf
Premier Auto Project Phase I IRB lease release and sale approved
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Description
Premier Real Estate of Ottawa LLC exercised option to purchase project; City approved resolution to release leases and convey project after bonds paid in full for $4.2M IRBs.
Contract Details
Contract Amount
$4,200,000
Vendor
PREMIER REAL ESTATE OTTAWA
Agency
Town of Ottawa, KS
Contract Type
Industrial Revenue Bonds (Construction Financing)
Document Date
August 13, 2025
Contract Term
October 1, 2024 – June 1, 2027
Renewal Date
August 31, 2025
Renewal Info
NA
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