CONTRACTPENDING

Vergennes Considers $1 Purchase Of 20 Armory Lane

City of Vergennes logoCity of Vergennes
Disclosed value
$1.00 purchase price, plus customary legal, recording, closing, title, and transaction costs
From agendapacket
Document date
Sep 22, 2026

The 30-second brief

What it covers

Vergennes is considering a purchase and sale agreement with 20 Armory Lane Community After-School Group Incorporated to acquire 20 Armory Lane for $1 plus customary transaction costs. The proposed acquisition remains contingent on voter approval, City Council authorization, and completion of due diligence.

Who holds it

20 Armory Lane Community After-school Group Incorporated holds this contract with City of Vergennes.

What happens next

Term as filed: Closing on or before a date to be determined in 2026, or within the specified period after voter approval and satisfaction of other conditions, whichever is later.

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Contract details

Amount
$1.00 purchase price, plus customary legal, recording, closing, title, and transaction costs
Document date
September 22, 2026
Term
Closing on or before a date to be determined in 2026, or within the specified period after voter approval and satisfaction of other conditions, whichever is later
Vendor
20 Armory Lane Community After-school Group Incorporated
Source document
City of Vergennes AgendaPacket City Council Regular Meeting 2026-09-22 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by City of Vergennes?

20 Armory Lane Community After-school Group Incorporated was awarded this government contract by City of Vergennes, as recorded on September 22, 2026. The contract value is $1.00 purchase price, plus customary legal, recording, closing, title, and transaction costs.

How much is the 20 Armory Lane Community After-school Group Incorporated contract with City of Vergennes worth?

The 20 Armory Lane Community After-school Group Incorporated contract with City of Vergennes is valued at $1.00 purchase price, plus customary legal, recording, closing, title, and transaction costs.

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 Vergennes AgendaPacket City Council Regular Meeting 2026-09-22 (AgendaPacket), dated September 22, 2026 from City of Vergennes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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