CONTRACTPENDING

Virginia Beach Considers $473,304 Agricultural Easement Acquisition

Disclosed value: $473,304.00; From agendapacket
Document date: Sep 15, 2026

What it covers

Virginia Beach City Council is considering a $473,304 acquisition from Melvin H. Eaton, II for development rights and a perpetual agricultural land preservation easement covering approximately 31.98 acres. The agreement provides for interest-only payments over 25 years, with principal due at the end of the term.

Who holds it

Eaton, Melvin H. Ii holds this contract with City of Virginia Beach. Its other public contracts on record include work for Virginia Beach Public Utilities.

What happens next

Term as filed: Perpetual agricultural land preservation easement; interest-only payments twice per year for 25 years, with principal due 25 years from the Installment Purchase Agreement date.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this contract →

Contract details

Amount: $473,304.00
Document date: September 15, 2026
Term: Perpetual agricultural land preservation easement; interest-only payments twice per year for 25 years, with principal due 25 years from the Installment Purchase Agreement date
Vendor: Eaton, Melvin H. Ii
Agency: City of Virginia Beach
Source document: City of Virginia Beach AgendaPacket City Council Agenda and Items 2026-09-15 (AgendaPacket)

Eaton, Melvin H. Ii's other public contracts

Virginia Beach Public Utilities, VirginiaVirginia Beach Recommends Agricultural Easement Purchase · Sep 1, 2026$473.3K

More City of Virginia Beach contracts

Virginia Department of Historic ResourcesVirginia Beach Plans Historic Restoration MOU With State Agency · Oct 20, 2026$500K Moseley ArchitectsMoseley Architects Under Contract for Training Academy Design · Oct 6, 2026Undisclosed U.S. TreasuryCity Plans Treasury STRIPS Purchase for Easement Funding · Sep 15, 2026$473.3K Black BrandVirginia Beach Plans $25,000 Black Diamond Sponsorship · Sep 15, 2026$25K Wild Works of Whimsy LLCFarmers Market Lease Approved for Wild Works of Whimsy · Sep 1, 2026Undisclosed All City of Virginia Beach activityAgency profile

Questions about this contract

Who was awarded the government contract by City of Virginia Beach?

Eaton, Melvin H. Ii was awarded this government contract by City of Virginia Beach, as recorded on September 15, 2026. The contract value is $473,304.00.

How much is the Eaton, Melvin H. Ii contract with City of Virginia Beach worth?

The Eaton, Melvin H. Ii contract with City of Virginia Beach is valued at $473,304.00.

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 Virginia Beach AgendaPacket City Council Agenda and Items 2026-09-15 (AgendaPacket), dated September 15, 2026 from City of Virginia Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 1 more question

What is City of Virginia Beach currently buying?

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

Work in government? Get Civic IQ free →

More City of Virginia Beach contracts →Browse all agencies in Virginia →