Doran seeks $1,150,000 to add affordable units

Doran is seeking Tax Increment Financing of $1,150,000 over 15 years to provide affordable housing units in Minnetonka. As an alternative option, the developer is proposing to provide 20% of the units at 50% AMI, which would increase the number of affordable units to 9 total.

Document date · May 28, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$1,150,000

Contract type

Financing

Contract term

15 years

Document type

Agenda

Source document

city-of-minnetonka-agenda-2025-05-28_0dd.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financing contract by City of Minnetonka?

DORAN was awarded this financing contract by City of Minnetonka, as recorded on May 28, 2025. The contract value is $1,150,000.

How much is the DORAN contract with City of Minnetonka worth?

The DORAN contract with City of Minnetonka is valued at $1,150,000, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-minnetonka-agenda-2025-05-28_0dd.pdf (Agenda), dated May 28, 2025 from City of Minnetonka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does DORAN hold?

DORAN may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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