City of Anoka City Council Regular Meeting Agenda Packet May 2026
Hoffman Enclosures MIF compliance deadline extended to 2027
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Description
Anoka is supporting an amendment to extend Hoffman Enclosures Inc.’s Minnesota Investment Fund forgivable loan compliance deadline by one year, from April 30, 2026 to April 30, 2027. The City previously received a $450,000 MIF grant to assist Hoffman’s $27 million expansion and associated commitment to create 141 full-time jobs.
Contract Details
Contract Amount
$450,000 (MIF grant amount referenced)
Vendor
HOFFMAN ENCLOSURES INC
Agency
City of Anoka, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Compliance deadline extended to April 30, 2027
Renewal Date
2027-04-30
Renewal Info
The amendment provides a one-year extension of the MIF program job-creation compliance date to April 30, 2027; other loan terms remain as previously approved.
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