Civic IQ
CONTRACTAPPROVED
Get alerts

City of North Mankato Awards $1,367,068 Development Agreement Contract to Vessel Holdings (April 2025)

City of North Mankato logoCity of North Mankato
Disclosed value
$1,367,068
From minutes
Approved
Apr 21, 2025

The 30-second brief

What it covers

Vessel Holdings LLC secured a development agreement for a 98-unit hotel with a TIF request of $1,367,068, promoting tourism and economic activity in the district.

Who holds it

Vessel Holdings holds this development agreement contract with City of North Mankato. Its other public contracts on record include work for Town of North and Town of Manston.

See who signed off on this $1.4M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Development Agreement
Amount
$1,367,068
Document date
April 21, 2025
Term
NA
Vendor
Vessel Holdings
Agency
City of North Mankato
Source document
city-of-north-mankato-council-minutes-april-21-2025_8df.pdf (Minutes)

Vessel Holdings's other public contracts

City of North Mankato, MinnesotaVessel Holdings development agreement considered · Apr 21, 2025UndisclosedTown of North, MinnesotaDevelopment agreement with Vessel Holdings Considered · Apr 21, 2025UndisclosedTown of Manston, MinnesotaVessel Holdings to receive TIF assistance for city project · Apr 7, 2025All Vessel Holdings contractsVendor profile

More City of North Mankato contracts

Maurer, JeffNorth Mankato Lists Jeff Maurer Claim · Oct 16, 2026$50Nutrien Ag Solutions IncNorth Mankato Pays Nutrien Ag Solutions · Oct 16, 2026$217.5Martin MariettaNorth Mankato Pays Martin Marietta · Oct 16, 2026$61.4J.J. Keller & Associates IncNorth Mankato Pays J.J. Keller & Associates · Oct 16, 2026$918.4Core & Main LPNorth Mankato Pays Core & Main · Oct 16, 2026$290.5All City of North Mankato activityAgency profile

Questions about this contract

Who was awarded the development agreement contract by City of North Mankato?

Vessel Holdings was awarded this development agreement contract by City of North Mankato, as recorded on April 21, 2025. The contract value is $1,367,068.

How much is the Vessel Holdings contract with City of North Mankato worth?

The Vessel Holdings contract with City of North Mankato is valued at $1,367,068, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-north-mankato-council-minutes-april-21-2025_8df.pdf (Minutes), dated April 21, 2025 from City of North Mankato. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Vessel Holdings hold?

Vessel Holdings 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 North Mankato currently buying?

Explore City of North Mankato's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More City of North Mankato contracts →Browse all agencies in Minnesota →