BBG appraisal underpins below-market land sale terms
- Document date
- Apr 8, 2025
- Term
- Appraisal dated February 27, 2024
The 30-second brief
The Dillon Urban Renewal Authority relied on a February 27, 2024 appraisal by BBG, Inc. valuing the option property east of Lot C-1 at $750,000 to justify a below-market sale price in its redevelopment agreement. The valuation also establishes a $750,000 payment obligation if the developer fails to complete the project.
Bbg Inc holds this professional services contract with Town of Dillon. Its other public contracts on record include work for City of Neptune Beach and Borough of Closter.
Term as filed: Appraisal dated February 27, 2024.
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Contract details
- Contract type
- Professional Services
- Document date
- April 8, 2025
- Term
- Appraisal dated February 27, 2024
- Vendor
- Bbg Inc
- Agency
- Town of Dillon
- Source document
- Dillon Urban Renewal Authority Resolution No. 03-25 Series of 2025 (Resolution)
Bbg Inc's other public contracts
More Town of Dillon contracts
Questions about this contract
Who was awarded the professional services contract by Town of Dillon?
Bbg Inc was awarded this professional services contract by Town of Dillon, as recorded on April 8, 2025.
What type of contract is this?
This is a Professional Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Dillon Urban Renewal Authority Resolution No. 03-25 Series of 2025 (Resolution), dated April 8, 2025 from Town of Dillon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Bbg Inc hold?
Bbg Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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