Madison Extends Owl’s Creek Repurchase Option

Madison is considering an amendment with Tri-State Custom Construction, LLC to extend the City’s option to repurchase four Owl’s Creek residential lots. The amendment gives the developer additional time to complete construction while preserving the City’s ability to exercise the option if progress is inadequate.

Document date · September 28, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Option expiration extended from October 1, 2026; amendment states January 15, 2028, with the City’s exercise right tied to completion by December 31, 2027

Renewal date

2028-01-15

Renewal

Amends the original 2024 option to purchase and the September 30, 2025 renewal. The amendment adds early-exercise provisions and extends the option term.

Document type

AgendaPacket

Source document

City of Madison AgendaPacket Finance Committee Regular Meeting + Budget Hearing 2026-09-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Madison?

Tri-state Custom Construction Llc was awarded this government contract by City of Madison, as recorded on September 28, 2026.

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 Madison AgendaPacket Finance Committee Regular Meeting + Budget Hearing 2026-09-28 (AgendaPacket), dated September 28, 2026 from City of Madison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tri-state Custom Construction Llc hold?

Tri-state Custom Construction 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.

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