Town of Sellersburg Resolution 2024-R-005 Property Transfer Dec 2024
Sellersburg Amends Property Exchange With Silver Creek Schools
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Description
The Town of Sellersburg approved Resolution 2024-R-005 to amend its earlier property exchange with the Silver Creek School Corporation, limiting the transfer to a vacant field in Mosely Park in exchange for school-owned parcels on North New Albany Street. The deal will be executed under a Purchase Agreement and Limited Warranty Deed, with a 90-day due diligence period and assignment of the existing Growing Minds Lease.
Contract Details
Vendor
SILVER CREEK SCHOOL CORPORATION
Agency
Town of Sellersburg town, IN
Contract Type
OTHER
Document Date
December 14, 2024
Contract Term
90-day due diligence period followed by closing at end of 2024
Renewal Date
2024-12-31
Renewal Info
One-time property conveyance via Purchase Agreement and Limited Warranty Deed, with a 90-day due diligence period prior to closing; not a renewable services contract.
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