Sputtering Components requests $260,000 TIF for expansion
City of OwatonnaCity · Owatonna, MN- Disclosed value
- $260,000
- From resolution
- Document date
- Apr 15, 2025
- Term
- 9 year
The 30-second brief
Sputtering Components seeks $260,000 tax increment finance over 9 years for facility expansion, aiming to add 15 jobs.
Sputtering Components, Inc. holds this tax increment financing contract with City of Owatonna.
Term as filed: 9 year.
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Contract details
- Contract type
- Tax Increment Financing
- Amount
- $260,000
- Document date
- April 15, 2025
- Term
- 9 year
- Agency
- City of Owatonna
- Source document
- city-of-owatonna-resolution-17-25-april-15-2025_8bd.pdf (Resolution)
Sputtering Components, Inc.'s other public contracts
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Questions about this contract
Who was awarded the tax increment financing contract by City of Owatonna?
Sputtering Components, Inc. was awarded this tax increment financing contract by City of Owatonna, as recorded on April 15, 2025. The contract value is $260,000.
How much is the Sputtering Components, Inc. contract with City of Owatonna worth?
The Sputtering Components, Inc. contract with City of Owatonna is valued at $260,000, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-owatonna-resolution-17-25-april-15-2025_8bd.pdf (Resolution), dated April 15, 2025 from City of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sputtering Components, Inc. hold?
Sputtering Components, Inc. 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 Owatonna currently buying?
Explore City of Owatonna's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.