Herdeg sale agreement and financing
Town of PennsburyPennsylvania- Detected
- Sep 16, 2026
- 52 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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From the meeting
At its September 16, 2026 meeting, the Board approved an Agreement of Sale with members of the Herdeg family for three parcels on the north side of Hillendale Road totaling about 98 acres. The purchase price was $6,750,000, with $1,875,000 from Chester County and $3,000,000 from the Land and Water Conservation Fund. The Board also ratified prior work on the draft agreement, survey, appraisal, title commitment, and other studies, and authorized officials to complete the purchase and financing.
Settlement was to occur on or before December 15, 2026.
- Meeting date
- September 16, 2026
- Agency
- Town of Pennsbury
Questions about this project
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When will Town of Pennsbury issue an RFP for this project?
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