City of Lafayette City Council Meeting Agenda December 2025
Lafayette Ratifies $2.6M Downtown Property Acquisition
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Description
Lafayette City Council ratified a $2,600,000 purchase of two properties at 108 N. Public Rd. and 200 N. Public Rd. from JPMorgan Chase Bank, N.A., intending to retain public parking and support downtown development. Closing terms approved in September 2025 with LURA participation.
Contract Details
Contract Amount
$2,600,000.00
Vendor
JPMORGAN CHASE BANK NA
Agency
City of Lafayette, CO
Contract Type
OTHER
Document Date
December 2, 2025
Contract Term
one-time purchase, closing per contract terms
Renewal Date
2025-11-30
Renewal Info
Not ongoing; property sale is single transaction. Closing was subject to appropriations.
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