CONTRACTAPPROVED

City of Owatonna Awards $260,000 Development Agreement Contract to Sputtering Components (April 2025)

Disclosed value: $260,000; From minutes
Approved: Apr 15, 2025
Term: 9-year period

What it covers

Development Agreement with Sputtering Components, Inc. for approval to assist with the costs of their addition. The total TIF amount generated for this project is estimated at approximately $260,000 over a 9-year period.

Who holds it

Sputtering Components holds this development agreement contract with City of Owatonna. Its other public contracts on record include work for Owatonna Public School District.

What happens next

Term as filed: 9-year period.

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Contract details

Contract type: Development Agreement
Amount: $260,000
Document date: April 15, 2025
Term: 9-year period
Vendor: Sputtering Components
Agency: City of Owatonna
Source document: city-of-owatonna-council-meeting-minutes-april-15-2025_c79.pdf (Minutes)

Sputtering Components's other public contracts

Owatonna Public School District, MinnesotaSchool Board accepts temperature kiosk donation · Jun 29, 2026 City of Owatonna, MinnesotaTax Increment Financing approved for Sputtering Components expansion · Nov 19, 2025Undisclosed City of Owatonna, MinnesotaSputtering Components Secures Incentive for Facility Expansion · Oct 22, 2025Undisclosed City of Owatonna, MinnesotaSputtering Components Starts 12,500 SF Facility Expansion · Sep 10, 2025Undisclosed City of Owatonna, MinnesotaCity Supports Sputtering Components Expansion with Subsidy · Apr 15, 2025$26.1K All Sputtering Components contractsVendor profile

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Questions about this contract

Who was awarded the development agreement contract by City of Owatonna?

Sputtering Components was awarded this development agreement contract by City of Owatonna, as recorded on April 15, 2025. The contract value is $260,000.

How much is the Sputtering Components contract with City of Owatonna worth?

The Sputtering Components contract with City of Owatonna is valued at $260,000, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-owatonna-council-meeting-minutes-april-15-2025_c79.pdf (Minutes), dated April 15, 2025 from City of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sputtering Components hold?

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

What is City of Owatonna currently buying?

Explore City of Owatonna's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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