Blue Earth County Board of Commissioners Agenda Packet May 2026
EDA to manage City of Mankato RAD housing
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Description
The Blue Earth County EDA approved a Property Management Agreement with the City of Mankato for the City’s RAD/Section 18 housing portfolio, including Orness Plaza and scattered site units. BECEDA will provide full property management services for a six percent-of-receipts fee under a five-year agreement with automatic renewal.
Contract Details
Vendor
CITY OF MANKATO
Agency
Blue Earth County, MN
Contract Type
FACILITIES
Document Date
May 12, 2026
Contract Term
Initial five-year term with automatic renewals unless terminated
Renewal Info
Agreement has an initial five-year term and renews automatically for additional five-year periods unless terminated by either party with proper notice.
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