Allegany County AgendaPacket Public Business Meeting 2026-06-04
County Finalizes Real Estate Transfer to Penn-Mar Recycling
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Description
On June 4, 2026, Allegany County executed a real estate contract with Penn-Mar Recycling, LLC for the $50,000 sale of county land, with a contractual rail infrastructure improvement deadline and reversion clause.
Contract Details
Contract Amount
$50,000
Vendor
PENN-MAR RECYCLING LLC
Agency
Allegany County, MD
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
3 years to rail spur improvement deadline (reversion right)
Renewal Date
2029-08-01
Renewal Info
Contract includes right of reversion if requirements are not met within 3 years of closing; closing to occur by August 1, 2026.
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