LOI Proposed for Bradford-Berry House Restoration Deal
- Disclosed value
- Purchase price of $1.00 following restoration; restoration investment cap to be defined in Definitive Agreement
- From agendapacket
- Document date
- Aug 8, 2026
- Renews
- Free account
The 30-second brief
Hendersonville’s Board is being asked to approve a Letter of Intent with Landing Spot Properties, LLC for a proposed lease and eventual $1.00 sale of the Bradford-Berry House property, conditioned on privately funded restoration and extensive governmental approvals. The LOI establishes a framework for negotiations toward a definitive agreement without obligating the City to complete the transaction.
Landing Spot Properties LLC holds this facilities contract with City of Hendersonville.
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Contract details
- Contract type
- Facilities
- Amount
- Purchase price of $1.00 following restoration; restoration investment cap to be defined in Definitive Agreement
- Document date
- August 8, 2026
- Term
- Lease term of up to two years, with conveyance upon later of substantial completion and acceptance of Approved Plans or December 20, 2028; due diligence through June 15, 2026; no-shop through August 30, 2026
- Renews
- On record
- Agency
- City of Hendersonville
- Source document
- City of Hendersonville Board of Mayor and Aldermen Agenda Packet 2026-08-11 (AgendaPacket)
Landing Spot Properties LLC's other public contracts
More City of Hendersonville contracts
Questions about this contract
Who was awarded the facilities contract by City of Hendersonville?
Landing Spot Properties LLC was awarded this facilities contract by City of Hendersonville, as recorded on August 8, 2026. The contract value is Purchase price of $1.00 following restoration; restoration investment cap to be defined in Definitive Agreement.
How much is the Landing Spot Properties LLC contract with City of Hendersonville worth?
The Landing Spot Properties LLC contract with City of Hendersonville is valued at Purchase price of $1.00 following restoration; restoration investment cap to be defined in Definitive Agreement, 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 City of Hendersonville Board of Mayor and Aldermen Agenda Packet 2026-08-11 (AgendaPacket), dated August 8, 2026 from City of Hendersonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Landing Spot Properties LLC hold?
Landing Spot 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 Hendersonville currently buying?
Explore City of Hendersonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.