City of Panama Awards Facilities Contract to American Legion Post #424 (August 2026)

The Panama City CRA is considering approval of the sale of its property at 1342 MLK Boulevard to American Legion Post #424 for 10% of the appraised comparable market price under SPARK Program incentives. The transaction, contingent on approved building plans, supports redevelopment goals in the Downtown North CRA District and follows prior conditional approval by the City Commission.

Scope & details

The full contract record, as filed.

Contract amount

10% of Comparable Market Price (based on $61,000 appraisal, approximately $6,100)

Contract type

FACILITIES

Renewal

Sale is contingent upon receipt of stamped and approved building plans and satisfaction of SPARK Program eligibility; once closed, no renewals apply, but SPARK guidelines may govern post-sale performance obligations.

Document type

Agenda

Source document

City of Panama City Community Redevelopment Agency Agenda 2026-08-04

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City of Panama City Community Redevelopment Agency Agenda 2026-08-04

PENDING

City of Panama, FloridaAug 3, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Panama?

American Legion Post #424 was awarded this facilities contract by City of Panama, as recorded on August 3, 2026. The contract value is 10% of Comparable Market Price (based on $61,000 appraisal, approximately $6,100).

How much is the American Legion Post #424 contract with City of Panama worth?

The American Legion Post #424 contract with City of Panama is valued at 10% of Comparable Market Price (based on $61,000 appraisal, approximately $6,100), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Panama City Community Redevelopment Agency Agenda 2026-08-04 (Agenda), dated August 3, 2026 from City of Panama. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Legion Post #424 hold?

American Legion Post #424 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 American Legion Post #424's profile

What is City of Panama currently buying?

Explore City of Panama's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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