CONTRACTONGOING

BBG appraisal underpins below-market land sale terms

Town of Dillon logoTown of Dillon
Document date
Apr 8, 2025
Term
Appraisal dated February 27, 2024

The 30-second brief

What it covers

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.

Who holds it

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.

What happens next

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
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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