City Readies $5M Land Sale to C&B Development LLC | City of Reading | C&B DEVELOPMENT LLC

Scope & details

The full contract record, as filed.

Contract amount

$5,000,000

Contract type

OTHER

Contract term

Purchase and sale closing; closing to occur on or before the 60th day after Unappealable Land Development Approval received; up to three 90-day due diligence extensions possible; 36-month approval period post-due diligence to secure all approvals

Renewal

Contract allows for three due diligence extensions (up to 90 days each) with additional earnest money; approval period of 36 months after due diligence for development approvals before closing. No recurring renewal; one-time sale.

Document type

AgendaPacket

Source document

City of Reading Committee of the Whole Agenda Packet March 2026

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BerksIDA Agenda August 10, 2026

DISCUSSED

Berks County Industrial Development Authority, PennsylvaniaAug 10, 2026

City of Reading City Council Meeting Agenda March 23, 2026

AWARDED

City of Reading, Pennsylvania$5,000,000Mar 23, 2026

City of Reading City Council Meeting Agenda March 2026

APPROVED

City of Reading, Pennsylvania$5,000,000Mar 9, 2026

South Heidelberg Township Board of Supervisors Agenda 1/5/2026

PENDING

Town of South Heidelberg, PennsylvaniaJan 5, 2026

South Heidelberg Township Board of Supervisors Re-Organization & General Business Meeting Agenda 1/5/2026

APPROVED

Town of South Heidelberg, PennsylvaniaJan 5, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Reading?

C&b Development Llc was awarded this government contract by City of Reading, as recorded on March 16, 2026. The contract value is $5,000,000.

How much is the C&b Development Llc contract with City of Reading worth?

The C&b Development Llc contract with City of Reading is valued at $5,000,000.

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 Reading Committee of the Whole Agenda Packet March 2026 (AgendaPacket), dated March 16, 2026 from City of Reading. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does C&b Development Llc hold?

C&b Development Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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