OTHERAPPROVED

Gate City Bank Purchases Eastman Park Lot For $1.4M

The City of St. Cloud approved the sale of Lot 1, Block 2, Eastman Park Addition to Gate City Bank for $1.4 million, near the appraised value. The resolution authorizes execution of all documents needed to complete the property transaction, enabling construction of a new financial institution.

Status
APPROVED
Document date
May 4, 2026
Contract type
OTHER
Vendor
Gate City Bank
Agency
Town of Lida · MN

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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

Scope & details

The full contract record, as filed.

Contract amount
$1,400,000
Contract type
OTHER
Renewal
This is a one-time property sale; no renewal provisions are indicated.
Document type
Minutes
Source document
City of St. Cloud Minutes Proceedings 2026-05-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Lida?

Gate City Bank was awarded this government contract by Town of Lida, as recorded on May 4, 2026. The contract value is $1,400,000.

How much is the Gate City Bank contract with Town of Lida worth?

The Gate City Bank contract with Town of Lida is valued at $1,400,000.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of St. Cloud Minutes Proceedings 2026-05-04 (Minutes), dated May 4, 2026 from Town of Lida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gate City Bank hold?

Gate City Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Gate City Bank's profile

What is Town of Lida currently buying?

Explore Town of Lida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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