Virginia Beach Considers $473,304 Agricultural Easement Acquisition

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.

Document date · September 15, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$473,304.00

Contract type

OTHER

Contract 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

Renewal

Perpetual easement; no renewal provision stated. The Installment Purchase Agreement restricts transfer for one year after execution and delivery, except for estate settlement transfer.

Document type

AgendaPacket

Source document

City of Virginia Beach AgendaPacket City Council Agenda and Items 2026-09-15

Frequently asked questions

Common questions about this contract, answered from the record.

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.

What other contracts does Eaton, Melvin H. Ii hold?

Eaton, Melvin H. Ii may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Eaton, Melvin H. Ii's profile

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