CONTRACTAPPROVED

Salem Designates Kingston Enterprises Conditional Redeveloper

Disclosed value: $15,000.00 interim fund escrow; From agendapacket
Approved: Oct 13, 2026

What it covers

Salem approved a memorandum of understanding with Kingston Enterprises Inc for redevelopment negotiations involving Block 94, Lots 3, 4 and 19. Kingston will negotiate exclusively with the City for 180 days and provide a $15,000 escrow for approved interim costs.

Who holds it

Kingston Enterprises Inc holds this contract with City of Salem.

What happens next

Term as filed: Exclusive redevelopment negotiations for 180 days from the date of the MOU, extendable by mutual written agreement.

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Contract details

Amount: $15,000.00 interim fund escrow
Document date: October 13, 2026
Term: Exclusive redevelopment negotiations for 180 days from the date of the MOU, extendable by mutual written agreement
Vendor: Kingston Enterprises Inc
Agency: City of Salem
Source document: City of Salem AgendaPacket Common Council Meeting Agenda 2026-10-13 (AgendaPacket)

Kingston Enterprises Inc's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Salem?

Kingston Enterprises Inc was awarded this government contract by City of Salem, as recorded on October 13, 2026. The contract value is $15,000.00 interim fund escrow.

How much is the Kingston Enterprises Inc contract with City of Salem worth?

The Kingston Enterprises Inc contract with City of Salem is valued at $15,000.00 interim fund escrow.

What type of contract is this?

This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Salem AgendaPacket Common Council Meeting Agenda 2026-10-13 (AgendaPacket), dated October 13, 2026 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Kingston Enterprises Inc hold?

Kingston Enterprises 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.

What is City of Salem currently buying?

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

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