City of Tontitown Real Estate Purchase Agreement 2026-06-01
Tontitown To Purchase Land For New Police Station
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Description
The City of Tontitown is entering into a real estate purchase agreement with Lipspaces, LLC to buy property on E. Fletcher Avenue for $495,000. The land will be used for the construction and operation of a municipal police station, with closing subject to title, survey, and city council approval.
Contract Details
Contract Amount
$495,000.00
Vendor
LIPSPACES LLC
Agency
City of Tontitown, AR
Contract Type
FACILITIES
Document Date
June 1, 2026
Renewal Info
One-time real estate purchase; no renewals or extensions are contemplated under the agreement.
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