Department: Urban Development
Subject: Type of Action: Approval/Action
title
Resolution authorizing the Mayor to enter into a Real Estate Agreement between the City of Huntsville and Blue Origin Alabama, LLC, for the sale of approximately 14.83 acres of property located in Cummings Research Park.
Type of Document: Resolution No.
body
Finance Information:
Account Number: TBD
City Cost Amount: NA
Total Cost: NA
Special Circumstances:
Grant Funded: NA
Grant Title - CFDA or granting Agency: NA
Resolution #: NA
Location: (list below)
Address: 14.83 acres of property located in Cummings Research Park.
District: District 1 ☐ District 2 ☐ District 3 ☐ District 4 ☐ District 5 ☐
Additional Comments:
The price per acre for the property is $96,250.00 for a total purchase price by Blue Origin Alabama, LLC, of $1,427,378.50.