Osseo City Council Agenda 2026-06-22
Financial Oversight Pact Signed With Voyageur Cannabis
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Description
Osseo City Council approved the Financial Matters Agreement with Voyageur Cannabis Services LLC, establishing management fee, budgeting cycle, and audit/reporting practices to support municipal cannabis operations. Fees set at $5,000/month plus 9% revenue, capped at 10%.
Contract Details
Contract Amount
$5,000 per month plus 9% of gross revenue (not to exceed 10% of gross revenue)
Vendor
VOYAGEUR CANNABIS SERVICES LLC
Agency
City of Osseo, MN
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 19, 2026
Contract Term
March 9, 2026 – December 31, 2030
Renewal Date
2030-12-31
Renewal Info
Annual budgeting and payment process integrates with City schedule; cap on management fee; reductions if expenses exceed 91% of revenue.
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