Chelsea Approves $195,000 Foothills Business Park Sale
City of ChelseaCity · Chelsea, AL- Disclosed value
- $195,000.00 purchase price, including $2,500.00 earnest money and $192,500.00 cash at closing
- From agendapacket
- Approved
- Oct 27, 2026
The 30-second brief
Chelsea authorized the sale of a roughly 1.18-acre Foothills Business Park lot to RB4 Properties, LLC for $195,000. The contract provides a 120-day inspection period, possible extensions, and closing after required approvals.
Rb4 Properties LLC holds this contract with City of Chelsea.
Term as filed: 120-day inspection period from the later of the effective date or City Council approval evidence, with two possible 30-day extensions; closing within 45 days after the inspection period and approvals contingency.
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Contract details
- Amount
- $195,000.00 purchase price, including $2,500.00 earnest money and $192,500.00 cash at closing
- Document date
- October 27, 2026
- Term
- 120-day inspection period from the later of the effective date or City Council approval evidence, with two possible 30-day extensions; closing within 45 days after the inspection period and approvals contingency
- Vendor
- Rb4 Properties LLC
- Agency
- City of Chelsea
- Source document
- City of Chelsea AgendaPacket City Council Meeting 2026-10-27 (AgendaPacket)
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Questions about this contract
Who was awarded the government contract by City of Chelsea?
Rb4 Properties LLC was awarded this government contract by City of Chelsea, as recorded on October 27, 2026. The contract value is $195,000.00 purchase price, including $2,500.00 earnest money and $192,500.00 cash at closing.
How much is the Rb4 Properties LLC contract with City of Chelsea worth?
The Rb4 Properties LLC contract with City of Chelsea is valued at $195,000.00 purchase price, including $2,500.00 earnest money and $192,500.00 cash at closing.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Chelsea AgendaPacket City Council Meeting 2026-10-27 (AgendaPacket), dated October 27, 2026 from City of Chelsea. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rb4 Properties LLC hold?
Rb4 Properties LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Chelsea currently buying?
Explore City of Chelsea's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.