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Town of Owatonna Awards Land Lease Contract to Federated Mutual Insurance (April 2025)

Town of Owatonna logoTown of Owatonna
Disclosed value
$3,600.00/year
From contract
Approved
Apr 15, 2025

The 30-second brief

What it covers

Federated Mutual Insurance Company renews airport land lease with the City of Owatonna for 20 years, starting September 6, 2025, at $3,600.00 per year, adjusting annually at 2.5%.

Who holds it

Federated Mutual Insurance holds this land lease contract with Town of Owatonna. Its other public contracts on record include work for Louisiana Workers Compensation Second Injury Board | State of Louisiana and City of Owatonna.

What happens next

Term as filed: 20 years (September 6, 2025 - September 5, 2045).

See who signed off on this $3,600.00/year contract.

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Contract details

Contract type
Land Lease
Amount
$3,600.00/year
Document date
April 15, 2025
Term
20 years (September 6, 2025 - September 5, 2045)
Vendor
Federated Mutual Insurance
Agency
Town of Owatonna
Source document
city-of-owatonna-airport-land-lease-renewal-agreement_9a7.pdf (Contract)

Federated Mutual Insurance's other public contracts

Louisiana Workers Compensation Second Injury Board | State of Louisiana, LouisianaQuarterly Reimbursement Recommended for Federated Mutual · Oct 1, 2026$12KCity of Owatonna, MinnesotaFederated Mutual Insurance Company Land Lease Renewal. · Apr 15, 2025$3.6KTown of Owatonna, MinnesotaFederated Mutual Renews Airport Land Lease · Apr 15, 2025$3.6KCity of Owatonna, MinnesotaFederated Mutual Renews Airport Land Lease · Apr 15, 2025$3.6KTown of Owatonna, MinnesotaFederated Mutual's Airport Land Lease Renewal · Apr 15, 2025UndisclosedAll Federated Mutual Insurance contractsVendor profile

More Town of Owatonna contracts

Owatonna Trails AssociationOwatonna Trails Association awarded 2025 trail maintenance service agreement · Dec 23, 2025UndisclosedLegacy SignsLegacy Signs considered for library signage. · Oct 16, 2025UndisclosedAccelerated Aviation InstructionHangar Space Lease Approved for Aviation Instruction · Oct 7, 2025Ehlers & AssociatesEhlers & Associates Inc. to solicit bond proposals · Oct 7, 2025UndisclosedAccelerated Aviation InstructionAviation Company to lease airport terminal and hangar space · Oct 7, 2025$109.1KAll Town of Owatonna activityAgency profile

Questions about this contract

Who was awarded the land lease contract by Town of Owatonna?

Federated Mutual Insurance was awarded this land lease contract by Town of Owatonna, as recorded on April 15, 2025. The contract value is $3,600.00/year.

How much is the Federated Mutual Insurance contract with Town of Owatonna worth?

The Federated Mutual Insurance contract with Town of Owatonna is valued at $3,600.00/year, covering land lease work.

What type of contract is this?

This is a Land Lease contract, documented as a contract record.

Where was this contract approved?

This contract appears in city-of-owatonna-airport-land-lease-renewal-agreement_9a7.pdf (Contract), dated April 15, 2025 from Town of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Federated Mutual Insurance hold?

Federated Mutual Insurance 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 Town of Owatonna currently buying?

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

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