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FACILITIESAPPROVED

City of Farmington Economic Development Authority Agenda May 2026

EDA authorizes acquisition of 512 3rd Street

Town of Farmington512 3RD STREETMay 18, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Farmington Economic Development Authority authorized acquisition of the property at 512 3rd Street as part of its strategic land and shovel-readiness efforts, with closing scheduled for May 15, 2026. The purchase price and seller were not detailed in the agenda memo excerpt.

Contract Details

Vendor

512 3RD STREET

Agency

Town of Farmington, MN

Contract Type

FACILITIES

Document Date

May 18, 2026

Renewal Info

Single-property acquisition authorized; no renewal terms apply.

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