City Approves Major Subsidy for Community Center Project
- Disclosed value
- $2,081,991.31 (business subsidy), annually $416,398.26 for 5 yrs, plus tax abatement
- From agenda
- Approved
- Jan 13, 2026
- Term
- Five years, commencing 2027 through 2032
- Renews
- Free account
The 30-second brief
City of Byron entered into a five-year, $2,081,991.31 business subsidy agreement with Byron Sports Holdings, LLC to support the new community center and sports facility, formalizing loan forgiveness and annual assistance through 2032.
Byron Sports Holdings LLC holds this contract with Olmsted County. Its other public contracts on record include work for Town of Byron.
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Contract details
- Amount
- $2,081,991.31 (business subsidy), annually $416,398.26 for 5 yrs, plus tax abatement
- Document date
- January 13, 2026
- Term
- Five years, commencing 2027 through 2032
- Renews
- On record
- Agency
- Olmsted County
- Source document
- City of Byron Council Meeting Agenda January 13 2026 (Agenda)
Byron Sports Holdings LLC's other public contracts
More Olmsted County contracts
Questions about this contract
Who was awarded the government contract by Olmsted County?
Byron Sports Holdings LLC was awarded this government contract by Olmsted County, as recorded on January 13, 2026. The contract value is $2,081,991.31 (business subsidy), annually $416,398.26 for 5 yrs, plus tax abatement.
How much is the Byron Sports Holdings LLC contract with Olmsted County worth?
The Byron Sports Holdings LLC contract with Olmsted County is valued at $2,081,991.31 (business subsidy), annually $416,398.26 for 5 yrs, plus tax abatement.
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 City of Byron Council Meeting Agenda January 13 2026 (Agenda), dated January 13, 2026 from Olmsted County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Byron Sports Holdings LLC hold?
Byron Sports Holdings 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 Olmsted County currently buying?
Explore Olmsted County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.