Town of Roseville Awards Financial Services Contract to Standard Communities (May 2026)
Town of RosevilleCity · MN- Disclosed value
- up to $23,750,000 (conduit bonds); city administrative fee: 1%
- From minutes
- Approved
- May 4, 2026
- Renews
- Free account
The 30-second brief
The Roseville City Council granted preliminary approval for Standard Communities to seek up to $23.75 million in tax-exempt conduit bonds for the acquisition and renovation of a 127-unit affordable senior housing facility. The city acts as issuer but assumes no financial risk, collecting a 1% administrative fee.
Standard Communities holds this financial services contract with Town of Roseville. Its other public contracts on record include work for Frederick County and Alachua County.
The renewal date is on record. A free account shows it, with the renewals for every Town of Roseville contract.
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Contract details
- Contract type
- Financial Services
- Amount
- up to $23,750,000 (conduit bonds); city administrative fee: 1%
- Document date
- May 4, 2026
- Term
- Expected 16-17 years; up to 30 years authorized by law
- Renews
- Free account
- Vendor
- Standard Communities
- Agency
- Town of Roseville
- Source document
- City of Roseville Regular City Council Meeting Minutes 2026-05-04 (Minutes)
Standard Communities's other public contracts
More Town of Roseville contracts
Questions about this contract
Who was awarded the financial services contract by Town of Roseville?
Standard Communities was awarded this financial services contract by Town of Roseville, as recorded on May 4, 2026. The contract value is up to $23,750,000 (conduit bonds); city administrative fee: 1%.
How much is the Standard Communities contract with Town of Roseville worth?
The Standard Communities contract with Town of Roseville is valued at up to $23,750,000 (conduit bonds); city administrative fee: 1%, 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 City of Roseville Regular City Council Meeting Minutes 2026-05-04 (Minutes), dated May 4, 2026 from Town of Roseville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Standard Communities hold?
Standard Communities 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 Roseville currently buying?
Explore Town of Roseville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.