FINANCIAL_SERVICESAPPROVED

Town of Lyons Awards Financial Services Contract to Roots to Revival Llc (May 2026)

The Lyons Urban Renewal Authority approved Resolution 2026-01, entering into a Redevelopment and Reimbursement Agreement with Roots to Revival, LLC for 402 Main Street using tax increment financing up to $1.7 million. The agreement sets administrative fees, indemnification, and a shortfall reimbursement clause to support a key downtown redevelopment project within the 25-year URA term.

Status
APPROVED
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Roots to Revival Llc
Agency
Town of Lyons · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
TIF up to $1.7 million dollars requested
Contract type
FINANCIAL_SERVICES
Contract term
25-year URA term referenced; agreement includes three-year shortfall reimbursement window and potential payments in later years (e.g., years 13–15)
Renewal
URA plan area has a fixed 25-year term that cannot be extended under current law; uncommitted funds at the end of the term would be distributed pro rata to projects and taxing entities, and any continuation would require adoption of a new plan. Agreement contemplates a three-year window and potential later-year shortfall reimbursement after LURA operating expenses are covered; future amendments are possible by mutual agreement.
Document type
Agenda
Source document
Town of Lyons Urban Renewal Authority Agenda 2026-05-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Lyons?

Roots to Revival Llc was awarded this financial services contract by Town of Lyons, as recorded on May 21, 2026. The contract value is TIF up to $1.7 million dollars requested.

How much is the Roots to Revival Llc contract with Town of Lyons worth?

The Roots to Revival Llc contract with Town of Lyons is valued at TIF up to $1.7 million dollars requested, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Lyons Urban Renewal Authority Agenda 2026-05-21 (Agenda), dated May 21, 2026 from Town of Lyons. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Roots to Revival Llc hold?

Roots to Revival Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Roots to Revival Llc's profile

What is Town of Lyons currently buying?

Explore Town of Lyons's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Lyons's profile

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