EDA Advances TIF Assistance for Big Woods Project

The Chaska Economic Development Authority advanced a pending Tax Increment Financing business subsidy for Scannell Properties to support public infrastructure for the Big Woods Business Park distribution center project. A public hearing is scheduled for August 31, 2026, to consider establishing TIF District No. 26 and approving the TIF Plan and agreement.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Eligible eight-year Economic Development TIF District; construction anticipated to begin fall 2026

Renewal

TIF assistance will be provided through an eight-year Economic Development TIF District No. 26; specific agreement terms and any extensions will be set in the forthcoming TIF agreement after the August 31, 2026 public hearing.

Document type

AgendaPacket

Source document

Chaska Economic Development Authority AgendaPacket 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Chaska?

Scannell Properties was awarded this financial services contract by City of Chaska, as recorded on August 3, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Chaska Economic Development Authority AgendaPacket 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Chaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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