Town of Sauk Rapids City Council Meeting Minutes March 2026
Amended business subsidy approved for daycare project
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Description
The Sauk Rapids City Council approved an amended business subsidy agreement for Elaine Fischer’s commercial daycare project, which includes a tax abatement component of approximately $200,000. The subsidy supports construction of a 12,000 square foot childcare facility expected to serve up to 219 children.
Contract Details
Contract Amount
$200,000 tax abatement (project reference)
Vendor
FISCHER, ELAINE
Agency
Town of Sauk Rapids, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 23, 2026
Contract Term
Approximately 3.5 years for combined abatements (across entities)
Renewal Info
Amendment to an existing business subsidy/development agreement supporting the daycare project, with total abatement obligations projected over about 3.5 years among participating entities.
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