Capitol Funds Property Purchase Agreement Sets $1.22 Million Price

The purchase agreement identifies Capitol Funds Inc. as the seller of approximately 9.86 acres and an improved mill property in Kings Mountain. TMC Acquisitions, LLC and/or its assigns agreed to purchase the property for $1.22 million, subject to a 120-day feasibility period and subsequent settlement.

Document date · October 3, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,220,000.00 purchase price; $50,000 initial deposit

Contract type

OTHER

Contract term

Agreement dated January 23, 2026; 120-day feasibility period following the last execution date

Renewal

No renewal or extension clause is expressly identified, although the agreement provides for extension payments and related extension provisions.

Document type

AgendaPacket

Source document

Kings Mountain AgendaPacket Planning and Zoning Board Meeting 2026-10-06

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Kings Mountain?

Capitol Funds Inc was awarded this government contract by City of Kings Mountain, as recorded on October 3, 2026. The contract value is $1,220,000.00 purchase price; $50,000 initial deposit.

How much is the Capitol Funds Inc contract with City of Kings Mountain worth?

The Capitol Funds Inc contract with City of Kings Mountain is valued at $1,220,000.00 purchase price; $50,000 initial deposit.

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 Kings Mountain AgendaPacket Planning and Zoning Board Meeting 2026-10-06 (AgendaPacket), dated October 3, 2026 from City of Kings Mountain. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Capitol Funds Inc hold?

Capitol Funds Inc 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 Capitol Funds Inc's profile

What is City of Kings Mountain currently buying?

Explore City of Kings Mountain's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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