Allegany County AgendaPacket Public Business Meeting 2026-06-04
County Executes Real Estate Sale to Penn-Mar Recycling LLC
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Description
Allegany County finalized execution of a real estate contract awarding 1.49 acres to Penn-Mar Recycling, LLC for $50,000. Penn-Mar must improve the out-of-service rail spur within three years to retain ownership.
Contract Details
Contract Amount
$50,000
Vendor
PENN-MAR RECYCLING LLC
Agency
Allegany County, MD
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
Purchase; reversion if no rail-spur improvement within 3 years
Renewal Date
2029-06-04
Renewal Info
Performance-based reversion: If the rail spur is not improved in three years, the county may reclaim the property; otherwise, ownership stays with Penn-Mar.
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