Drayton Valley Advances Eldorado Lands Sale to Bedford Group

The Town of Drayton Valley executed a Purchase and Sale Agreement with The Bedford Group for part of the Eldorado Lands at an appraised value of $200,000 per acre. The binding transaction is advancing through subdivision registration, site stripping and closing activities for a planned Shoppers Drug Mart development.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$200,000 per acre

Contract type

OTHER

Contract term

Purchase and Sale Agreement executed October 1, 2025; purchaser conditions and closing remained in progress as of October 7, 2026

Renewal

Purchaser conditions were extended to April 30, 2026. The purchaser is to take title after subdivision registration and completion of transaction conditions.

Document type

AgendaPacket

Source document

Town of Drayton Valley AgendaPacket Regular Council Meeting 2026-10-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Drayton Valley?

Bedford Group was awarded this government contract by Town of Drayton Valley, as recorded on October 4, 2026. The contract value is $200,000 per acre.

How much is the Bedford Group contract with Town of Drayton Valley worth?

The Bedford Group contract with Town of Drayton Valley is valued at $200,000 per acre.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Drayton Valley AgendaPacket Regular Council Meeting 2026-10-07 (AgendaPacket), dated October 4, 2026 from Town of Drayton Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bedford Group hold?

Bedford Group 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 Bedford Group's profile

What is Town of Drayton Valley currently buying?

Explore Town of Drayton Valley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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