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County authorizes sale of 2525 State Road to land bank with escrowed redevelopment funds
Summit County Council (committee sessions) · April 20, 2026
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Summary
Council planning committee approved sale of 2525 State Road (parcel 0209872) to the Summit County Land Reutilization Corporation for $480,000, with the county covering closing costs, a 5% redevelopment fee, and an escrow schedule of $50,000 at closing plus $100,000 annually for four years.
The Planning and Economic Development committee approved a resolution authorizing the county to execute a purchase agreement to sell parcel 0209872 (2525 State Road, Cuyahoga Falls) to the Summit County Land Reutilization Corporation for $480,000.
Brian Nelson briefed the…
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