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dawson_city_council_minutes_may_7_2024.pdf

City Approves Sale of Municipal Liquor Store to D’s Liquor

$130,000 plus liquor inventory, $2,000 monthly for 18 months at 6% interest with balloon payment at endCity of DawsonD'S LIQUORMay 7, 2024

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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

Description

Dawson City Council approved the sale of the municipal liquor store to D’s Liquor for $130,000, plus inventory. The contract spans 18 months with a five-year exclusive off-sale license granted to the new owners.

Contract Details

Contract Amount

$130,000 plus liquor inventory, $2,000 monthly for 18 months at 6% interest with balloon payment at end

Vendor

D'S LIQUOR

Agency

City of Dawson, MN

Contract Type

OTHER

Document Date

May 7, 2024

Contract Term

18 months (contract for deed), 5-year exclusive license requested

Renewal Date

2029-07-01

Renewal Info

N/A (exclusive license initial term: 5 years)

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