CONTRACTRECOMMENDED

CAMA Real Estate Sale Endorsement Goes Before Council

Borough of Chambersburg logoBorough of Chambersburg
Disclosed value
Minimum $1.45 million plus 50% of the financial benefit of Federal tax credits offered through the Opportunity Zone designation
From agenda
Document date
Nov 2, 2026
Renews
Free account

The 30-second brief

What it covers

Chambersburg Borough Council is being asked to endorse CAMA’s real estate sale agreement with Southgate Development Group, LLC for 69% of the original Southgate Shopping Center property. CAMA expects to receive at least $1.45 million plus a share of federal tax-credit benefits from the phased sale.

Who holds it

Chambersburg Area Municipal Authority (Cama) holds this contract with Borough of Chambersburg.

What happens next

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Contract details

Amount
Minimum $1.45 million plus 50% of the financial benefit of Federal tax credits offered through the Opportunity Zone designation
Document date
November 2, 2026
Term
Three phases over the next 6 to 30 months; estimated full build-out by Summer 2029
Renews
On record
Vendor
Chambersburg Area Municipal Authority (Cama)
Source document
Chambersburg Borough Agenda Nov 02 2026 (Agenda)

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Questions about this contract

Who was awarded the government contract by Borough of Chambersburg?

Chambersburg Area Municipal Authority (Cama) was awarded this government contract by Borough of Chambersburg, as recorded on November 2, 2026. The contract value is Minimum $1.45 million plus 50% of the financial benefit of Federal tax credits offered through the Opportunity Zone designation.

How much is the Chambersburg Area Municipal Authority (Cama) contract with Borough of Chambersburg worth?

The Chambersburg Area Municipal Authority (Cama) contract with Borough of Chambersburg is valued at Minimum $1.45 million plus 50% of the financial benefit of Federal tax credits offered through the Opportunity Zone designation.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Chambersburg Borough Agenda Nov 02 2026 (Agenda), dated November 2, 2026 from Borough of Chambersburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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