The Plymouth Board of Public Works and Safety held discussion on an amendment to the techFarm land sales agreement with Van Vactor Farms on Monday night.
Under the current agreement, which is amended from the original agreement, when land is sold in the techFarm area the money from the sale is split between Van Vactor Farms and the City of Plymouth. The city’s portion goes into a monetary gift fund to be used at the discretion of the Plymouth Board of Public Works and Safety members to enhance the city. Continue reading
Discussions will continue concerning mechanics within a proposed lease between the Plymouth Board of Public Works and Safety and Van Vactor Farms.
David Miller from Van Vactor Farms presented a proposal to the board during their meeting earlier this month and the company’s attorney drew up a simple agreement that was presented to the board Monday night that gives guidance on how money sold from land sales from the techFarm be allocated. Continue reading
David Miller of Van Vactor Farms approached the Plymouth Board of Public Works and Safety Monday night to discuss an amendment to a land sale proceeds agreement.
Miller reminded the board members of the donation of 20 acres of land out in the techFarm area on Miller Drive and Pioneer Drive back in 2004. Miller stated that the donation of land was a partnership with the city to build a techFarm on the northwest side of town. The original agreement called for a split of proceeds between the Van Vactor Farms and the city as land is sold for development. According to the original agreement, the money split would be used to help development infrastructure and other projects at the techFarm.