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Lebanon RDC approves purchase agreement, makes 124–126 N. Lebanon St. eligible for up to $200,000 façade grant
Summary
The Lebanon Redevelopment Commission voted 3–2 to adopt Resolution 2025-01, authorizing a purchase agreement with Dunamis Development LLC for 124–126 North Lebanon Street and preliminarily making the property eligible for up to $200,000 from the commission's facade preservation grant program, subject to conditions and final legal review.
The Lebanon Redevelopment Commission voted 3–2 in February to adopt Resolution 2025-01, authorizing a purchase and sale agreement with Dunamis Development LLC for property at 124–126 North Lebanon Street and preliminarily making the site eligible to receive up to $200,000 from the commission's historic preservation facade grant program, subject to conditions and final legal review.
The measure sets terms allowing Dunamis to apply for reimbursement of direct costs associated with facade improvements and waives the grant program's usual requirement that applicants submit two itemized contractor estimates; the resolution permits a single itemized estimate for this property. Disbursement of any grant funds remains conditional on Dunamis applying for and receiving a certificate of appropriateness from the Lebanon Historic Preservation Commission, the property remaining eligible at the time of formal disbursement, Dunamis' compliance with program procedures, and completion of facade work substantially as shown in Dunamis' bid package.
The commission's materials, attached to the resolution as exhibits, recount the procurement history: an initial round of bids opened in October 2023, when Douglas Homes was identified as the highest bidder but declined to proceed; a second request for proposals issued in fall 2024; and the commission's determination that Dunamis' bid, accepted on Dec. 19, 2024, was the highest and best for downtown development. The resolution incorporates the accepted bid package as Dunamis' application for reimbursement under the grant program.
Commission discussion focused on two exceptions from standard procedure: authorizing a single contractor estimate rather than the program's normal two-estimate requirement, and making the property eligible for up to $200,000 in grant funds if the listed conditions are met. Commissioners and staff said the exceptions were sought to expedite the transaction after a prolonged procurement process and because the building is tied to other downtown funding timelines. A staff member confirmed that the RDC would assume no additional cost from the waiver.
The resolution also authorizes the president of the RDC to execute the purchase agreement and other documents in forms approved by counsel, and includes a recommendation that final approval be subject to a last legal review. The motion to adopt the resolution explicitly included the condition "pending legal review" and authority for the president to execute on behalf of the commission. The vote carried 3 in favor, 2 opposed.
The meeting concluded with routine business: the commission approved payment of claims and adjourned.
Why it matters: The resolution advances redevelopment of a downtown Lebanon building and links the sale to the commission's historic preservation grant program. Awarding up to $200,000 for facade work could change the building's appearance and influence future downtown investments, but final disbursement depends on additional approvals and documented compliance with grant rules.
Ending: The motion included a requirement for final legal review; the commission indicated it will return any materially changed agreement to the commission for consideration before disbursement or execution.
