City of Maple Grove Awards Financial Services Contract to Arbor Industrial Park Owner V Llc (August 2026)

The Maple Grove Economic Development Authority approved an Assignment and Assumption of TIF Agreements allowing Arbor Industrial Park Owner V, LLC to assume the Development Agreement and $396,618 TIF note for Arbor Lakes Building 5. The action facilitates the sale of the property while maintaining existing tax increment financing obligations.

Scope & details

The full contract record, as filed.

Contract amount

$396,618 TIF Note principal

Contract type

FINANCIAL_SERVICES

Renewal date

2027-02-01

Renewal

Assigned interest in the existing TIF Note, which is projected to be paid in full by February 1, 2027.

Document type

AgendaPacket

Source document

Maple Grove Economic Development Authority AgendaPacket Regular Meeting 2026-08-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Maple Grove?

Arbor Industrial Park Owner V Llc was awarded this financial services contract by City of Maple Grove, as recorded on August 3, 2026. The contract value is $396,618 TIF Note principal.

How much is the Arbor Industrial Park Owner V Llc contract with City of Maple Grove worth?

The Arbor Industrial Park Owner V Llc contract with City of Maple Grove is valued at $396,618 TIF Note principal, covering financial services work.

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 Maple Grove Economic Development Authority AgendaPacket Regular Meeting 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Maple Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arbor Industrial Park Owner V Llc hold?

Arbor Industrial Park Owner V Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Arbor Industrial Park Owner V Llc's profile

What is City of Maple Grove currently buying?

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

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