Development Agreementapproved

Town of River Falls Awards Development Agreement Contract to Sterling Ponds Ii (December 2025)

Sterling Ponds II, LLC approved for development agreement with $720,000 land cost and $50,000 cash incentives for building construction starting April 1, 2026, with 10 years minimum tax payments.

Document date · December 9, 2025

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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
$720,000 (land cost) + $50,000 (cash incentives)
Contract type
Development Agreement
Contract term
April 1, 2026 – January 31, 2027 (construction period), 10 years tax guarantee
Renewal date
NA
Renewal
NA
Document type
Agenda
Source document
city_of_river_falls_common_council_agenda_december.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the development agreement contract by Town of River Falls?

Sterling Ponds Ii was awarded this development agreement contract by Town of River Falls, as recorded on December 9, 2025. The contract value is $720,000 (land cost) + $50,000 (cash incentives).

How much is the Sterling Ponds Ii contract with Town of River Falls worth?

The Sterling Ponds Ii contract with Town of River Falls is valued at $720,000 (land cost) + $50,000 (cash incentives), covering development agreement work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_river_falls_common_council_agenda_december.pdf (Agenda), dated December 9, 2025 from Town of River Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sterling Ponds Ii hold?

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

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What is Town of River Falls currently buying?

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

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