CONTRACTPENDING

EDA purchases land for golf course.

Disclosed value: $1,352,000; From resolution
Document date: Jun 9, 2025

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What it covers

City Council approves amended purchase agreement for excess golf course land sale to Economic Development Authority for $1,352,000. EDA will continue to have an outstanding loan from the Host Community Fund in the amount of $1 million.

Who holds it

Faribault Economic Development Authority holds this purchase agreement contract with City of Inver Grove Heights. Its other public contracts on record include work for City of Portsmouth and City of Martinsville.

Contract details

Contract type: Purchase Agreement
Amount: $1,352,000
Document date: June 9, 2025
Term: NA
Vendor: Faribault Economic Development Authority
Agency: City of Inver Grove Heights
Source document: city-of-inver-grove-heights-resolution-amending-purchase-agreement_cb3.pdf (Resolution)

Faribault Economic Development Authority's other public contracts

City of Portsmouth, VirginiaCooperation Agreement for Crawford Bay development approved · Jan 27, 2026Undisclosed City of Martinsville, VirginiaCity approves land conveyance to development authority · Oct 14, 2025Undisclosed City of Roseville, MinnesotaSpecial Tax Levy Approved for Development Authority · Sep 22, 2025$264.9K Town of Elk, MinnesotaElk River approves $429,850 tax levy for EDA · Sep 15, 2025$429.9K Glynn County, GeorgiaEconomic Dev Authority managed loan application process · Aug 21, 2025Undisclosed All Faribault Economic Development Authority contractsVendor profile

More City of Inver Grove Heights contracts

Short Elliott Hendrickson Inc.Short Elliott Hendrickson awarded $188K contract · Dec 31, 2026$188.5K Pine Bend Paving IncCity Approves Pine Bend Paving Asphalt Purchase · Oct 12, 2026$3.2K Language Line ServicesCity Approves Language Line Interpretation Payment · Oct 12, 2026$798.5 MNDOTCouncil to Consider Property Purchase from MnDOT · Oct 12, 2026Undisclosed Safe-fast IncCity Approves Safe-Fast Safety Jacket Purchase · Oct 12, 2026$155 All City of Inver Grove Heights activityAgency profile

Questions about this contract

Who was awarded the purchase agreement contract by City of Inver Grove Heights?

Faribault Economic Development Authority was awarded this purchase agreement contract by City of Inver Grove Heights, as recorded on June 9, 2025. The contract value is $1,352,000.

How much is the Faribault Economic Development Authority contract with City of Inver Grove Heights worth?

The Faribault Economic Development Authority contract with City of Inver Grove Heights is valued at $1,352,000, covering purchase agreement work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-inver-grove-heights-resolution-amending-purchase-agreement_cb3.pdf (Resolution), dated June 9, 2025 from City of Inver Grove Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Faribault Economic Development Authority hold?

Faribault Economic Development Authority 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 Inver Grove Heights currently buying?

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

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