Lakewood Considers $300,000 Franklin Property Purchase
City of LakewoodCity · Lakewood, OH- Disclosed value
- $300,000
- From agenda
- Document date
- Nov 2, 2026
- Renews
- Free account
The 30-second brief
Lakewood City Council is considering approval of a $300,000 agreement with Inner Peace Cleveland LLC to acquire approximately 23,435 square feet of the former Franklin School property. The property would be restricted to public park and recreational purposes for 30 years, with closing targeted by November 30, 2026.
Inner Peace Cleveland LLC holds this contract with City of Lakewood.
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Contract details
- Amount
- $300,000
- Document date
- November 2, 2026
- Term
- Deed restricted to public park and recreational purposes for 30 years; sale must be completed by November 30, 2026
- Renews
- On record
- Vendor
- Inner Peace Cleveland LLC
- Agency
- City of Lakewood
- Source document
- Lakewood City Council Agenda 2026-11-02 (Agenda)
More City of Lakewood contracts
Questions about this contract
Who was awarded the government contract by City of Lakewood?
Inner Peace Cleveland LLC was awarded this government contract by City of Lakewood, as recorded on November 2, 2026. The contract value is $300,000.
How much is the Inner Peace Cleveland LLC contract with City of Lakewood worth?
The Inner Peace Cleveland LLC contract with City of Lakewood is valued at $300,000.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Lakewood City Council Agenda 2026-11-02 (Agenda), dated November 2, 2026 from City of Lakewood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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