Urbana City Council Public Hearing Agenda May 5, 2026
Urbana Plans Purchase of Former White's Ford Property
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Description
The Urbana Board of Control recommended that Council authorize a $3,000,000 financed purchase of the former White's Ford property on N. Main Street to develop a new Public Works facility. The bond financing will be spread over 15 annual payments and combined with prior fire apparatus bond issuances to reduce debt issuance costs.
Contract Details
Contract Amount
$3,000,000; 15 estimated annual payments of $270,161
Vendor
FORMER WHITE'S FORD PROPERTY
Agency
City of Urbana city, OH
Contract Type
FACILITIES
Document Date
May 5, 2026
Contract Term
15 estimated annual payments
Renewal Date
2041-05-05
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Urbana City Council Public Hearing Agenda May 5, 2026
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