CONTRACTPENDING

Staff propose $166,000 RLF loan for Rebound predevelopment

THE HRA OF HIBBING, MINNESOTA
Disclosed value
Up to $166,000 (HEDA share of eligible third-party costs)
From agenda
Document date
May 4, 2026
Renews
Free account

The 30-second brief

What it covers

Staff recommend that HEDA approve up to $166,000 in Revolving Loan Fund financing for Rebound Partners’ Iron Exchange at 400 project, limited to third-party predevelopment costs. The loan would carry 3.0% interest, require no interim payments, and be repaid at financial closing anticipated in December 2026.

Who holds it

Rebound Partners LLC holds this financial services contract with THE HRA OF HIBBING, MINNESOTA. Its other public contracts on record include work for City of Hibbing and City of Dundas.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every THE HRA OF HIBBING, MINNESOTA contract.

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Contract details

Contract type
Financial Services
Amount
Up to $166,000 (HEDA share of eligible third-party costs)
Document date
May 4, 2026
Term
Through financial closing, anticipated December 2026
Renews
Free account
Source document
Hibbing Economic Development Authority Regular Meeting Agenda May 2026 (Agenda)

Rebound Partners LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by THE HRA OF HIBBING, MINNESOTA?

Rebound Partners LLC was awarded this financial services contract by THE HRA OF HIBBING, MINNESOTA, as recorded on May 4, 2026. The contract value is Up to $166,000 (HEDA share of eligible third-party costs).

How much is the Rebound Partners LLC contract with THE HRA OF HIBBING, MINNESOTA worth?

The Rebound Partners LLC contract with THE HRA OF HIBBING, MINNESOTA is valued at Up to $166,000 (HEDA share of eligible third-party costs), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hibbing Economic Development Authority Regular Meeting Agenda May 2026 (Agenda), dated May 4, 2026 from THE HRA OF HIBBING, MINNESOTA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Rebound Partners LLC hold?

Rebound Partners 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.

What is THE HRA OF HIBBING, MINNESOTA currently buying?

Explore THE HRA OF HIBBING, MINNESOTA's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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