Virginia Beach Recommends Agricultural Easement Purchase

Virginia Beach recommends acquiring a perpetual agricultural land preservation easement from Melvin H. Eaton, II for $473,304. The agreement covers approximately 31.98 acres and provides for interest-only payments over 25 years, with principal due at maturity.

Document date · September 1, 2026

Track Virginia Beach Public Utilities contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Virginia Beach Public Utilities.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$473,304.00

Contract type

OTHER

Contract term

Perpetual agricultural land preservation easement; interest-only payments twice per year for 25 years, with principal due 25 years from the Installment Purchase Agreement date

Renewal

Perpetual easement; the Installment Purchase Agreement principal is payable 25 years after closing, and the agreement may not be transferred for one year after execution except for estate settlement.

Document type

AgendaPacket

Source document

City of Virginia Beach AgendaPacket City Council Agenda 2026-09-01

Related contracts

Other contracts from Eaton, Melvin H. Ii.

View all →

City of Virginia Beach AgendaPacket City Council Agenda and Items 2026-09-15

PENDING

City of Virginia Beach, Virginia$473,304.00Sep 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Virginia Beach Public Utilities?

Eaton, Melvin H. Ii was awarded this government contract by Virginia Beach Public Utilities, as recorded on September 1, 2026. The contract value is $473,304.00.

How much is the Eaton, Melvin H. Ii contract with Virginia Beach Public Utilities worth?

The Eaton, Melvin H. Ii contract with Virginia Beach Public Utilities is valued at $473,304.00.

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 City of Virginia Beach AgendaPacket City Council Agenda 2026-09-01 (AgendaPacket), dated September 1, 2026 from Virginia Beach Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eaton, Melvin H. Ii hold?

Eaton, Melvin H. Ii 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 Eaton, Melvin H. Ii's profile

What is Virginia Beach Public Utilities currently buying?

Explore Virginia Beach Public Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Virginia Beach Public Utilities's profile