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Town of Fargo Awards Lease Agreement Contract to T&k Property Management (September 2025)

Town of Fargo logoTown of Fargo
Disclosed value
$21,840 annually (initial lease fee $1,820/month with 2% annual increase)
From report
Approved
Sep 22, 2025
Term
40 years

The 30-second brief

What it covers

T&K Property Management leases parking spaces from the City of Fargo in the Mercantile Parking Garage under a 40-year lease starting at $1,820/month.

Who holds it

T&k Property Management holds this lease agreement contract with Town of Fargo. Its other public contracts on record include work for City of Fargo.

What happens next

Term as filed: 40 years.

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Contract details

Contract type
Lease Agreement
Amount
$21,840 annually (initial lease fee $1,820/month with 2% annual increase)
Document date
September 22, 2025
Term
40 years
Vendor
T&k Property Management
Agency
Town of Fargo
Source document
city_of_fargo_2025_downtown_parking_study_executiv.pdf (Report)

T&k Property Management's other public contracts

City of Fargo, North DakotaAgreement to Grant Easement and Option · Oct 30, 2023UndisclosedCity of Fargo, North DakotaCity eyes easement and parking lease with T&K · Oct 2, 2023Undisclosed

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Questions about this contract

Who was awarded the lease agreement contract by Town of Fargo?

T&k Property Management was awarded this lease agreement contract by Town of Fargo, as recorded on September 22, 2025. The contract value is $21,840 annually (initial lease fee $1,820/month with 2% annual increase).

How much is the T&k Property Management contract with Town of Fargo worth?

The T&k Property Management contract with Town of Fargo is valued at $21,840 annually (initial lease fee $1,820/month with 2% annual increase), covering lease agreement work.

What type of contract is this?

This is a Lease Agreement contract, documented as a report record.

Where was this contract approved?

This contract appears in city_of_fargo_2025_downtown_parking_study_executiv.pdf (Report), dated September 22, 2025 from Town of Fargo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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