Town of Manston Awards Tax Increment Financing Assistance Contract to Vessel Holdings (April 2025)
Town of ManstonCity · MN- Disclosed value
- $1,367,068 plus interest
- From minutes
- Approved
- Apr 7, 2025
The 30-second brief
The City is providing Tax Increment Financing assistance to Vessel Holdings, LLC in a par amount of $1,367,068 for land redevelpment.
Vessel Holdings holds this tax increment financing assistance contract with Town of Manston. Its other public contracts on record include work for City of North Mankato and Town of North.
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Contract details
- Contract type
- Tax Increment Financing Assistance
- Amount
- $1,367,068 plus interest
- Document date
- April 7, 2025
- Term
- NA
- Vendor
- Vessel Holdings
- Agency
- Town of Manston
- Source document
- north-mankato-city-council-minutes-street-utility-projects-public-works-facility-tifs-apr-7-2025_561.pdf (Minutes)
Vessel Holdings's other public contracts
More Town of Manston contracts
Questions about this contract
Who was awarded the tax increment financing assistance contract by Town of Manston?
Vessel Holdings was awarded this tax increment financing assistance contract by Town of Manston, as recorded on April 7, 2025. The contract value is $1,367,068 plus interest.
How much is the Vessel Holdings contract with Town of Manston worth?
The Vessel Holdings contract with Town of Manston is valued at $1,367,068 plus interest, covering tax increment financing assistance work.
What type of contract is this?
This is a Tax Increment Financing Assistance contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in north-mankato-city-council-minutes-street-utility-projects-public-works-facility-tifs-apr-7-2025_561.pdf (Minutes), dated April 7, 2025 from Town of Manston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Vessel Holdings hold?
Vessel Holdings 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 Town of Manston currently buying?
Explore Town of Manston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.