CONTRACTAMENDED

Amended business subsidy approved for daycare project

Disclosed value: $200,000 tax abatement (project reference); From minutes
Document date: Mar 23, 2026

What it covers

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.

Who holds it

Fischer, Elaine holds this financial services contract with Town of Sauk Rapids. Its other public contracts on record include work for Benton County and Economic Development Authority.

What happens next

Term as filed: Approximately 3.5 years for combined abatements (across entities).

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Contract details

Contract type: Financial Services
Amount: $200,000 tax abatement (project reference)
Document date: March 23, 2026
Term: Approximately 3.5 years for combined abatements (across entities)
Vendor: Fischer, Elaine
Agency: Town of Sauk Rapids
Source document: Town of Sauk Rapids City Council Meeting Minutes March 2026 (Minutes)

Fischer, Elaine's other public contracts

Benton County, MinnesotaCounty Approves Tax Abatement for Daycare Project · Mar 17, 2026 Economic Development Authority, MinnesotaEDA Considers Amended Elaine Fischer Daycare Subsidy · Mar 9, 2026Undisclosed

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Questions about this contract

Who was awarded the financial services contract by Town of Sauk Rapids?

Fischer, Elaine was awarded this financial services contract by Town of Sauk Rapids, as recorded on March 23, 2026. The contract value is $200,000 tax abatement (project reference).

How much is the Fischer, Elaine contract with Town of Sauk Rapids worth?

The Fischer, Elaine contract with Town of Sauk Rapids is valued at $200,000 tax abatement (project reference), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Sauk Rapids City Council Meeting Minutes March 2026 (Minutes), dated March 23, 2026 from Town of Sauk Rapids. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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