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City of Faribault Awards Development Agreement Extension Contract to Rebound Real Estate LLC (May 2025)

City of Faribault logoCity of Faribault
Approved
May 13, 2025
Term
60 day extension, expires July 14th

The 30-second brief

What it covers

Faribault City Council approves a 60-day extension to the Preliminary Development Agreement with Rebound Real Estate, LLC, moving the expiration date to July 14th to allow further negotiation for property purchase and development.

Who holds it

Rebound Real Estate LLC holds this development agreement extension contract with City of Faribault. Its other public contracts on record include work for City of Northfield and City of Hibbing.

What happens next

Term as filed: 60 day extension, expires July 14th.

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Contract details

Contract type
Development Agreement Extension
Document date
May 13, 2025
Term
60 day extension, expires July 14th
Vendor
Rebound Real Estate LLC
Agency
City of Faribault
Source document
city-of-faribault-resolution-2025-109-development-agreement-extension_c50.pdf (Resolution)

Rebound Real Estate LLC's other public contracts

City of Northfield, MinnesotaHeight Variance Approved for Downtown Mixed-Use Hotel Project · Jun 18, 2026UndisclosedCity of Faribault, MinnesotaRebound Real Estate LLC Facilitates Townhomes Entitlement · Jun 15, 2026UndisclosedCity of Faribault, MinnesotaRebound Real Estate Seeks Hill Block PUD Approval · Apr 5, 2026UndisclosedCity of Hibbing, MinnesotaCouncil Supports Workforce Housing With Rebound Real Estate LLC · Mar 11, 2026UndisclosedCity of Hibbing, MinnesotaRebound Real Estate approved for 400 Block development agreement · Aug 11, 2025UndisclosedAll Rebound Real Estate LLC contractsVendor profile

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Questions about this contract

Who was awarded the development agreement extension contract by City of Faribault?

Rebound Real Estate LLC was awarded this development agreement extension contract by City of Faribault, as recorded on May 13, 2025.

What type of contract is this?

This is a Development Agreement Extension contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-faribault-resolution-2025-109-development-agreement-extension_c50.pdf (Resolution), dated May 13, 2025 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rebound Real Estate LLC hold?

Rebound Real Estate LLC 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 City of Faribault currently buying?

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

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