CONTRACTPENDING

Garner Plans Property Sale to LMG Garner for Project

Disclosed value: $400,000 or the appraised value of the property, whichever is higher; 10% of purchase price earnest-money deposit; From agendapacket
Document date: Nov 3, 2026
Renews: Mar 2027; Free account

What it covers

Garner plans to sell approximately 1.03 acres at 215 W. Main Street to LMG Garner, LLC for the downtown mixed-use project. The purchase price would be $400,000 or the appraised value, whichever is higher, with closing required within the Master Development Agreement schedule.

Who holds it

Lmg Garner LLC holds this facilities contract with Town of Garner.

What happens next

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Contract details

Contract type: Facilities
Amount: $400,000 or the appraised value of the property, whichever is higher; 10% of purchase price earnest-money deposit
Document date: November 3, 2026
Term: Closing no later than 30 days after satisfaction of conditions precedent and no later than 420 days after the Master Development Agreement effective date, subject to extension
Renews: On record
Vendor: Lmg Garner LLC
Agency: Town of Garner
Source document: Town of Garner AgendaPacket 2026-11-03 (AgendaPacket)

Lmg Garner LLC's other public contracts

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More Town of Garner contracts

Lmg-garner LLCGarner Considers Downtown Development Agreement With LMG-Garner · Nov 3, 2026 Lmg Garner LLCLMG Garner Workforce Housing Agreement Planned · Nov 3, 2026Undisclosed Lmg Garner LLCGarner Plans Parking Lease With LMG Garner · Nov 3, 2026Undisclosed Lmg Garner LLCGarner Plans $5.5 Million Parking Unit Purchase · Nov 3, 2026$5.5M Lmg-garner LLCGarner Extended LMG-Garner Downtown Closing Date · Nov 3, 2026Undisclosed All Town of Garner activityAgency profile

Questions about this contract

Who was awarded the facilities contract by Town of Garner?

Lmg Garner LLC was awarded this facilities contract by Town of Garner, as recorded on November 3, 2026. The contract value is $400,000 or the appraised value of the property, whichever is higher; 10% of purchase price earnest-money deposit.

How much is the Lmg Garner LLC contract with Town of Garner worth?

The Lmg Garner LLC contract with Town of Garner is valued at $400,000 or the appraised value of the property, whichever is higher; 10% of purchase price earnest-money deposit, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Garner AgendaPacket 2026-11-03 (AgendaPacket), dated November 3, 2026 from Town of Garner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lmg Garner LLC hold?

Lmg Garner 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.

What is Town of Garner currently buying?

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

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