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City of West Fargo Awards Financial Services Contract to Restad Properties (November 2025)

City of West Fargo logoCity of West Fargo
Disclosed value
$72,480 total approved tax abatement over 5 years
From agenda
Approved
Nov 6, 2025
Term
5 years

The 30-second brief

What it covers

The City Commission approved a Renaissance Zone incentive for Restad Properties on June 16, 2025, granting $72,480 in tax abatements over five years. The project property is planned for completion by the end of 2025.

Who holds it

Restad Properties holds this financial services contract with City of West Fargo. Its other public contracts on record include work for Town of Western.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Financial Services
Amount
$72,480 total approved tax abatement over 5 years
Document date
November 6, 2025
Term
5 years
Vendor
Restad Properties
Agency
City of West Fargo
Source document
West Fargo Economic Development Advisory Committee Agenda November 2025 (Agenda)

Restad Properties's other public contracts

City of West Fargo, North DakotaRestad Properties gets property tax exemption for 5 years · Aug 7, 2025UndisclosedCity of West Fargo, North DakotaRestad Properties Renaissance Zone application approved · Jun 16, 2025UndisclosedCity of West Fargo, North DakotaRestad Properties approved for Renaissance Zone industrial building · Jun 16, 2025UndisclosedTown of Western, North DakotaRestad Properties granted 5-year tax abatement for new industrial building · Jun 16, 2025UndisclosedCity of West Fargo, North DakotaRenaissance Zone Incentive Backed for Restad Properties · Jun 5, 2025UndisclosedAll Restad Properties contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of West Fargo?

Restad Properties was awarded this financial services contract by City of West Fargo, as recorded on November 6, 2025. The contract value is $72,480 total approved tax abatement over 5 years.

How much is the Restad Properties contract with City of West Fargo worth?

The Restad Properties contract with City of West Fargo is valued at $72,480 total approved tax abatement over 5 years, 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 West Fargo Economic Development Advisory Committee Agenda November 2025 (Agenda), dated November 6, 2025 from City of West Fargo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Restad Properties hold?

Restad Properties 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 City of West Fargo currently buying?

Explore City of West Fargo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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