County Approves Clarks Road Land Purchase from Weyerhaeuser
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Description
Craven County authorized a $475,000 land purchase contract with Weyerhaeuser for 76 acres on Clarks Road to expand economic development opportunities near the industrial park. The deal uses state grant funds and includes a three-year timber reservation with option to buy out.
Contract Details
Contract Amount
$475,000
Vendor
WEYERHAEUSER
Agency
Craven County, NC
Contract Type
FACILITIES
Document Date
April 20, 2026
Contract Term
Includes three-year timber reservation with option to buy out before year three
Renewal Info
Single real estate acquisition with a three-year timber reservation and early buy-out option; no recurring renewal terms.
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