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City of Faribault Awards Purchase And Development Agreement Contract to Riverchase Faribault Ii (August 2025)

City of Faribault
Approved
Aug 12, 2025

The 30-second brief

What it covers

City Council approves revised purchase and development agreement with Riverchase Faribault II LLC for a 76-unit apartment building. Agreement includes adjustments to closing date and potential soil correction assistance.

Who holds it

Riverchase Faribault Ii holds this purchase and development agreement contract with City of Faribault.

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Contract details

Contract type
Purchase And Development Agreement
Document date
August 12, 2025
Term
NA
Vendor
Riverchase Faribault Ii
Agency
City of Faribault
Source document
city-of-faribault-resolution-2025-190-meeting-august-12-2025_61a.pdf (Resolution)

Riverchase Faribault Ii's other public contracts

City of Faribault, MinnesotaRiverchase Faribault II LLC property purchase and development agreement approved · Aug 12, 2025UndisclosedCity of Faribault, MinnesotaRiverchase Faribault II LLC purchase agreement revised with delayed closing · Aug 12, 2025UndisclosedCity of Faribault, MinnesotaRiverchase Faribault II LLC Property Agreement Approved · Jun 10, 2025$254KAll Riverchase Faribault Ii contractsVendor profile

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Questions about this contract

Who was awarded the purchase and development agreement contract by City of Faribault?

Riverchase Faribault Ii was awarded this purchase and development agreement contract by City of Faribault, as recorded on August 12, 2025.

What type of contract is this?

This is a Purchase And Development Agreement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-faribault-resolution-2025-190-meeting-august-12-2025_61a.pdf (Resolution), dated August 12, 2025 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Riverchase Faribault Ii hold?

Riverchase Faribault Ii may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Faribault currently buying?

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

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