Collingswood Plans Acquisition of Good Shepherd Property

The Borough of Collingswood authorized a non-binding Letter of Intent with Blessed Teresa of Calcutta Parish for the potential purchase of the former Good Shepherd school and convent property at a negotiated price of $1,522,000. The agreement secures an exclusivity period while the Borough conducts appraisals, title work, survey, and environmental due diligence, with final acquisition contingent on a future ordinance and bond funding.

Document date · August 19, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,522,000.00

Contract type

FACILITIES

Contract term

Exclusivity period under non-binding Letter of Intent; final acquisition subject to future ordinance

Renewal

Non-binding Letter of Intent intended to establish an exclusivity period; no automatic renewal terms specified. Final purchase agreement, if pursued, will be authorized by a future ordinance and may include its own closing and extension provisions.

Document type

AgendaPacket

Source document

Borough of Collingswood AgendaPacket Work Session Agenda 2026-08-19

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Borough of Collingswood?

Blessed Teresa of Calcutta Parish Collingswood Nj was awarded this facilities contract by Borough of Collingswood, as recorded on August 19, 2026. The contract value is $1,522,000.00.

How much is the Blessed Teresa of Calcutta Parish Collingswood Nj contract with Borough of Collingswood worth?

The Blessed Teresa of Calcutta Parish Collingswood Nj contract with Borough of Collingswood is valued at $1,522,000.00, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Borough of Collingswood AgendaPacket Work Session Agenda 2026-08-19 (AgendaPacket), dated August 19, 2026 from Borough of Collingswood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blessed Teresa of Calcutta Parish Collingswood Nj hold?

Blessed Teresa of Calcutta Parish Collingswood Nj may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Blessed Teresa of Calcutta Parish Collingswood Nj's profile

What is Borough of Collingswood currently buying?

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