city-of-howard-lake-resolution-25-29-decertifying-tif-district_73d.pdf
Forsman Farms TIF subsidy contract nearing completion
Trusted by teams at
Description
Howard Lake’s 2016 development contract with Forsman Farms provided a $1.8 million TIF subsidy reimbursed annually to support construction of an egg processing plant. With obligations fulfilled, the City will decertify TIF District No. 1-18 at the end of 2025.
Contract Details
Contract Amount
$1.8Million subsidy reimbursed annually
Vendor
FORSMAN FARMS
Agency
City of Howard Lake, MN
Contract Type
OTHER
Document Date
October 20, 2025
Contract Term
2016 – end of 2025, or until maximum reimbursement reached
Renewal Date
2025-12-31
Renewal Info
Development contract tied to TIF District No. 1-18 concludes when the $1.8 million maximum reimbursement is reached or by the end of 2025, after which no further payments are required and the district is decertified.
More from FORSMAN FARMS
Related Contracts
I.S.D. #466 Board of Education Regular Board Meeting Agenda 2026-05-26
APPROVEDI.S.D. #466 Board of Education Regular Board Meeting Agenda 2026-05-26
APPROVEDIndependent School District #466 Board of Education Meeting Minutes October 2024
APPROVEDDassel-Cokato School Board Meeting Minutes August 2023
APPROVEDhoward_lake_city_council_meeting_minutes_june_16_2.pdf
approvedMore from City of Howard Lake
city-of-howard-lake-city-council-regular-meeting-agenda-october-20-2025_30f.pdf
howard-lake-city-council-meeting-minutes-october-20-2025_8c2.pdf
city-of-howard-lake-city-council-regular-meeting-agenda-october-20-2025_30f.pdf
city-of-howard-lake-city-council-regular-meeting-agenda-october-20-2025_30f.pdf
city-of-howard-lake-claims-donations-approved-report-october-2025_778.pdf
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.