CONTRACTPENDING

Springfield Proposes Property Sale to Community Foundation

City of Springfield logoCity of Springfield
Disclosed value
$510,000 purchase price; $255,000 at closing and $255,000 in five annual installments
From agendapacket
Document date
Apr 6, 2026
Term
Five annual installments after closing

The 30-second brief

What it covers

Springfield proposed selling 0.47 acres at 425 East Trafficway Street to the Community Foundation of the Ozarks for $510,000. The Foundation would place $255,000 into a permanent endowment at closing and pay the remaining $255,000 in five annual installments, with earnings supporting downtown revitalization.

Who holds it

Community Foundation of the Ozarks holds this contract with City of Springfield. Its other public contracts on record include work for Salem R-80 School District and Kirbyville R-VI School District.

What happens next

Term as filed: Five annual installments after closing.

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Contract details

Amount
$510,000 purchase price; $255,000 at closing and $255,000 in five annual installments
Document date
April 6, 2026
Term
Five annual installments after closing
Source document
City of Springfield AgendaPacket City Council April 6, 2026 (AgendaPacket)

Community Foundation of the Ozarks's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Springfield?

Community Foundation of the Ozarks was awarded this government contract by City of Springfield, as recorded on April 6, 2026. The contract value is $510,000 purchase price; $255,000 at closing and $255,000 in five annual installments.

How much is the Community Foundation of the Ozarks contract with City of Springfield worth?

The Community Foundation of the Ozarks contract with City of Springfield is valued at $510,000 purchase price; $255,000 at closing and $255,000 in five annual installments.

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 Springfield AgendaPacket City Council April 6, 2026 (AgendaPacket), dated April 6, 2026 from City of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Community Foundation of the Ozarks hold?

Community Foundation of the Ozarks 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 Springfield currently buying?

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

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