OTHERPENDING

Morrison Considers $5.5 Million Bear Creek Land Sale

Morrison is considering a non-binding purchase agreement term sheet with Bear Creek Development Corporation for two East Planning Area parcels. The proposed price is approximately $5.531 million, with $65,000 in staged earnest-money deposits and feasibility and approvals periods totaling at least 540 days.

Document date · October 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Approximately $5,531,000 for the Property, calculated at $8.00 per square foot; $15,000 initial earnest-money deposit and $50,000 additional deposit
Contract type
OTHER
Contract term
180-day feasibility period; 360-day approvals period after the feasibility period, with an optional initial 180-day extension
Renewal
The approvals period may be extended for an initial 180 days. The term sheet is non-binding and subject to a definitive purchase agreement and Board approval.
Document type
AgendaPacket
Source document
Town of Morrison AgendaPacket Regular Town Board Meeting 2026-10-06

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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 Morrison?

Bear Creek Development Corporation was awarded this government contract by Town of Morrison, as recorded on October 5, 2026. The contract value is Approximately $5,531,000 for the Property, calculated at $8.00 per square foot; $15,000 initial earnest-money deposit and $50,000 additional deposit.

How much is the Bear Creek Development Corporation contract with Town of Morrison worth?

The Bear Creek Development Corporation contract with Town of Morrison is valued at Approximately $5,531,000 for the Property, calculated at $8.00 per square foot; $15,000 initial earnest-money deposit and $50,000 additional deposit.

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 Morrison AgendaPacket Regular Town Board Meeting 2026-10-06 (AgendaPacket), dated October 5, 2026 from Town of Morrison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bear Creek Development Corporation hold?

Bear Creek Development Corporation 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 Bear Creek Development Corporation's profile

What is Town of Morrison currently buying?

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

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