Wabasha Port Authority and Development Agency Agenda Packet 2026-06-16
Operator Agreement with Wabasha Transport Terminal LLC Amended
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Description
The Wabasha Port Authority amended its operator agreement with Wabasha Transport Terminal LLC to comply with bonding and regulatory requirements for the port facility. The amended contract has a 10-year term beginning at substantial completion, with enhanced obligations for performance, insurance, and maintenance.
Contract Details
Vendor
WABASHA TRANSPORT TERMINAL LLC
Agency
City of Wabasha, MN
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
10 years from substantial completion of port facility
Renewal Info
Agreement amended in 2026 to reference bond funding and operational regulations; 10-year initial term from substantial completion, renewal at Port's discretion.
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