Amending the 2026 EDD Land Banking program to add $4.0 million of GO Borrowing supported by TID 44 and authorizing the execution of a Purchase and Sale Agreement with RDC Development, LLC, or their successors and assigns, for the purchase of seventeen properties addressed as 404 Cottage Grove Road; 514, 526, 533 & 551 Pinney Street; 3752 Sargent Street; 3708 Olbrich Avenue; 702, 804, 808, 812, 816, 820, 824, 828 & 832 Royster Avenue, and 501 Grand Oak Trail, Madison, WI 53714 for land banking purposes, and authorizing the expenditure of funds for environmental assessment, title work, closing costs, holding costs, any necessary demolition work, and pre-development costs for the same property, all totaling $6.2 million (District 15).

What this record is

Held by

RDC Development, LLC 5 records across this site

Amount

$6.20M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

Field

Construction

construction contracts in WI that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

RDC Development, LLC also holds

Discussion and possible action regarding - Consideration of a Financing Assistance Agreement - Consent to Assignment, Assumption and Release (this “Co… Cleveland County, OK Authorizing an amendment to the Purchase and Sale Agreement with RDC Development, LLC, or their successors or assigns, as previously authorized by Res… Madison, WI ends Jul 31, 2026 Award contract for ITB:2024-A-34, Community Development Block Grant (CDBG) Housing and Rehabilitation Replacement Program to RDC Development Corporati… Apopka, FL Award contracts for ITB 2024-A-34: Community Development Block Grant (CDBG) Housing and Rehabilitation Replacement Program to: All American Building S… Apopka, FL

Committee

Economic Development Division

Requested by

FINANCE COMMITTEE

Introduced

February 17, 2026

On agenda

March 10, 2026

Passed

March 10, 2026

Enacted

March 16, 2026

Enactment no.

RES-26-00146

Where it was heard

COMMON COUNCIL Mar 10, 2026 Adopt Unanimously Pass FINANCE COMMITTEE Mar 2, 2026 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass COMMON COUNCIL Feb 24, 2026 Refer Pass

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