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Board authorizes sale of 138 Main Street to proposed architecture studio for $630,000

Springfield Economic Development Agency · March 4, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Springfield Economic Development Agency voted unanimously to authorize the city manager to execute a purchase-and-sale agreement for 138 Main Street, an as-is cash offer of $630,000 with 15 days for due diligence and three weeks to close.

The Springfield Economic Development Agency voted unanimously to authorize the city manager to execute a purchase-and-sale agreement for a downtown parcel at 138 Main Street.

Staff summarized the proposed sale terms: an as-is cash offer of $630,000, earnest money by check, 15 days for due diligence and three weeks to…

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