City of Holdingford AgendaPacket 2026-06-08
TIF Development Agreement Approved for Stainless Kings LLC
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Description
The City of Holdingford approved and signed a Tax Increment Financing (TIF) 5 agreement with Stainless Kings LLC for a 6,800 square-foot expansion of their manufacturing facility, including reimbursement for site improvements.
Contract Details
Vendor
TRE (STAINLESS KINGS LLC)
Agency
City of Holdingford, MN
Contract Type
OTHER
Document Date
June 8, 2026
Renewal Date
2037-02-01
Renewal Info
TIF Note and reimbursement provisions span through February 1, 2037 or until earlier termination; escalation and event-of-default clauses included.
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