2024 RFB-21 201 NE 2nd Street, Bentonville AR

This contract concerns the sale of a historic property located at 201 NE 2nd Street, Bentonville, AR. The County Judge’s Office issued a Request for Bid (RFB) that required the buyer to preserve the “Old Post Office” building for 99 years, keep it listed on the National Register of Historic Places for at least 25 years, and allow the Benton County Circuit Court Division 2 to remain on the premises until its relocation by October 1 2026. MORO DEVELOPMENT COMPANY, LLC was the winning bidder. The agreement transfers ownership while imposing long‑term historic‑preservation and occupancy obligations on the buyer. • Buyer must purchase the property (price undisclosed) and assume responsibility for historic‑preservation compliance. • The “Old Post Office” must be retained for 99 years and remain on the National Register for 25 years. • The County Circuit Court may occupy the site until relocation (≤ Oct 1 2026). • The procurement was a competitive bid (RFB) but resulted in a single award to MORO DEVELOPMENT COMPANY, LLC.