City of Odessa AgendaPacket Board of Aldermen Regular Meeting 2026-05-11
City Approves Right Of First Refusal With Advanced Industries
Trusted by teams at
Description
The City of Odessa will enter into a Right of First Refusal Agreement with Advanced Industries, LLC tied to the vacation of part of E. Marlow Street for employee parking and material storage. The agreement allows the City to repurchase the vacated right of way for $10 if it is sold or no longer needed and then rededicate it as public right of way.
Contract Details
Contract Amount
$10 repurchase price if exercised
Vendor
ADVANCED INDUSTRIES LLC
Agency
City of Odessa, MO
Contract Type
OTHER
Document Date
May 11, 2026
Contract Term
Open-ended until City exercises or declines right of first refusal
Renewal Info
Right of first refusal remains in effect until the City either declines or exercises its option to repurchase the vacated street segment.
More from ADVANCED INDUSTRIES LLC
Related Contracts
City of Odessa Board of Aldermen Regular Agenda 2026-06-22
APPROVEDCity of Odessa AgendaPacket Planning and Zoning Commission Meeting 2026-05-21
PENDINGCity of Odessa AgendaPacket Board of Aldermen Regular Meeting 2026-05-11
APPROVEDCity of Odessa AgendaPacket Board of Aldermen Regular Agenda 2026-05-11
APPROVEDCity of Odessa AgendaPacket Board of Aldermen Regular Agenda 2026-05-11
APPROVEDMore from City of Odessa
City of Odessa Board of Aldermen Regular Agenda 2026-06-22
City of Odessa Board of Aldermen Regular Agenda 2026-06-22
City of Odessa Board of Aldermen Regular Agenda 2026-06-22
City of Odessa Board of Aldermen Regular Agenda 2026-06-22
City of Odessa Board of Aldermen Regular Agenda 2026-06-22
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.