Draft $4.1M Land Purchase from Mineral Creek Homes

A draft agreement outlines the Town or Housing Authority’s potential $4,136,000 land purchase from Mineral Creek Homes, INC for the Mineral Creek Homes site using Proposition 123 Land Banking funds. The seller would provide an extended purchase option period and cover transaction-related costs including up to $20,000 in closing expenses.

Document date · August 24, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$4,136,000.00

Contract type

FACILITIES

Contract term

Purchase option through May 31, 2027, with inspection deadline March 31, 2027

Renewal date

2027-05-31

Renewal

Purchase and Sale Agreement includes inspection deadline of March 31, 2027 and closing deadline of May 31, 2027, contingent on securing Land Banking funds; seller may terminate if Land Banking LOI, application, or award milestones are not met.

Document type

AgendaPacket

Source document

Silverton Housing Authority AgendaPacket 2026-08-24

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Other contracts from Mineral Creek Homes Inc.

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Town of Silverton AgendaPacket Regular Meeting 2026-09-14

PENDING

Town of Silverton, Colorado$4,136,000.00Sep 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Silverton?

Mineral Creek Homes Inc was awarded this facilities contract by Town of Silverton, as recorded on August 24, 2026. The contract value is $4,136,000.00.

How much is the Mineral Creek Homes Inc contract with Town of Silverton worth?

The Mineral Creek Homes Inc contract with Town of Silverton is valued at $4,136,000.00, 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 Silverton Housing Authority AgendaPacket 2026-08-24 (AgendaPacket), dated August 24, 2026 from Town of Silverton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mineral Creek Homes Inc hold?

Mineral Creek Homes 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.

View Mineral Creek Homes Inc's profile

What is Town of Silverton currently buying?

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

View Town of Silverton's profile