City grants fee reduction to Yellow Tree project
City of Inver Grove HeightsCity · Inver Grove Heights, MN- Disclosed value
- $2,556,447 reduction in utility connection fees (foregone revenue)
- From agenda
- Approved
- Nov 3, 2025
The 30-second brief
Inver Grove Heights approved a resolution granting Yellow Tree Development a modified schedule of utility connection fees for a planned 242-unit apartment building in the Peltier Reserve. The action provides an estimated $2.56 million reduction in water, sewer, and stormwater fees, contingent on execution of a development contract and payment of fees by May 1, 2026.
Yellow Tree Development holds this contract with City of Inver Grove Heights. Its other public contracts on record include work for City of Cottage Grove.
Term as filed: Fee reduction applicable until fees are paid and development contract executed on or before May 1, 2026.
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Contract details
- Amount
- $2,556,447 reduction in utility connection fees (foregone revenue)
- Document date
- November 3, 2025
- Term
- Fee reduction applicable until fees are paid and development contract executed on or before May 1, 2026
- Vendor
- Yellow Tree Development
- Source document
- Inver Grove Heights City Council Meeting Agenda (Agenda)
Yellow Tree Development's other public contracts
More City of Inver Grove Heights contracts
Questions about this contract
Who was awarded the government contract by City of Inver Grove Heights?
Yellow Tree Development was awarded this government contract by City of Inver Grove Heights, as recorded on November 3, 2025. The contract value is $2,556,447 reduction in utility connection fees (foregone revenue).
How much is the Yellow Tree Development contract with City of Inver Grove Heights worth?
The Yellow Tree Development contract with City of Inver Grove Heights is valued at $2,556,447 reduction in utility connection fees (foregone revenue).
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Inver Grove Heights City Council Meeting Agenda (Agenda), dated November 3, 2025 from City of Inver Grove Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Yellow Tree Development hold?
Yellow Tree Development 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 City of Inver Grove Heights currently buying?
Explore City of Inver Grove Heights's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.