Lakota Approves Property Exchange Agreement With Merus

The Lakota School District entered into a property exchange agreement with Merus RE LLC effective September 28, 2026, with no monetary consideration. Merus will exchange approximately 7.39 acres for 11.05 acres and is expected to replace existing baseball fields with new athletic facilities as part of a mixed-use development project.

Document date · September 28, 2026

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Scope & details

The full contract record, as filed.

Contract amount

No monetary consideration exchanged; exchange of properties and rights of equivalent value

Contract type

OTHER

Contract term

Effective September 28, 2026, through Closing; automatically terminates if the Acquisition PSA or closing of the Developer Exchanged Property does not occur on or before August 31, 2027

Renewal date

2027-08-31

Renewal

No renewal provision stated. The agreement may terminate automatically if the underlying Acquisition PSA or related closing does not occur by August 31, 2027; the parties may also extend Closing in four additional 30-day periods under specified conditions.

Document type

Agreement

Source document

Lakota School District Agreement Property Exchange Agreement 2026-09-28

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Other contracts from Merus Re Llc.

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Board of Education of Lakota School District Agreement Property Exchange Agreement 2026-09-24

PENDING

Lakota Local Schools, OhioNo monetary consideration exchanged; property exchanged for property of deemed equivalent valueSep 24, 2026

City of Reynoldsburg Community Reinvestment Area Agreement 2026-07-08

APPROVED

Southwest Licking Local Schools, OhioApproximately $108,000,000 total project investment; 75% real property tax exemption for 15 years per building (as requested in application)Jul 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Lakota Local Schools?

Merus Re Llc was awarded this government contract by Lakota Local Schools, as recorded on September 28, 2026.

What type of contract is this?

This is a government contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Lakota School District Agreement Property Exchange Agreement 2026-09-28 (Agreement), dated September 28, 2026 from Lakota Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merus Re Llc hold?

Merus Re 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.

View Merus Re Llc's profile

What is Lakota Local Schools currently buying?

Explore Lakota Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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