CONTRACTAPPROVED

City of Lanesboro Awards $40,000 Loan Contract to Raging Root Adventure Arcade (June 2025)

Disclosed value: $40,000; From meeting minutes
Approved: Jun 2, 2025
Term: 7 years

Know when this contract comes back up.

Free account · 30-second setup · No credit card

THE 30-SECOND BRIEF

What it covers

Lanesboro approves a $40,000 revolving loan fund application for Raging Root Adventure Arcade, LLC, with a seven-year term and a 2% interest rate, contingent on collateral provision.

Who holds it

Raging Root Adventure Arcade holds this loan contract with City of Lanesboro.

What happens next

Term as filed: 7 years.

Contract details

Contract type: Loan
Amount: $40,000
Document date: June 2, 2025
Term: 7 years
Vendor: Raging Root Adventure Arcade
Agency: City of Lanesboro
Source document: city-of-lanesboro-meeting-minutes-2025-06-02_830.pdf (Meeting Minutes)

Raging Root Adventure Arcade's other public contracts

City of Lanesboro, IowaLoan collateral amended for Raging Root Arcade · Jul 21, 2025Undisclosed City of Lanesboro, MinnesotaEDA Loan Collateral Amendment for Arcade · Jul 21, 2025Undisclosed City of Lanesboro, Minnesota$40,000 loan approved for Raging Root Adventure Arcade · May 1, 2025$40K All Raging Root Adventure Arcade contractsVendor profile

More City of Lanesboro contracts

Raging Root Adventure ArcadeLoan collateral amended for Raging Root Arcade · Jul 21, 2025Undisclosed CHATFIELDLanesboro to rent DuraPatch equipment from Chatfield · Jul 7, 2025Undisclosed Bolton & MenkCouncil approves report by Bolton & Menk Inc. · Jul 7, 2025Undisclosed CHATFIELDCity of Chatfield sells vehicle to Lanesboro for $10,127.00 · Jul 7, 2025$10.1K Gcubed DevelopmentHousing Grant Application with G-Cubed Development · Jun 11, 2025Undisclosed All City of Lanesboro activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Lanesboro?

Raging Root Adventure Arcade was awarded this loan contract by City of Lanesboro, as recorded on June 2, 2025. The contract value is $40,000.

How much is the Raging Root Adventure Arcade contract with City of Lanesboro worth?

The Raging Root Adventure Arcade contract with City of Lanesboro is valued at $40,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-lanesboro-meeting-minutes-2025-06-02_830.pdf (Meeting Minutes), dated June 2, 2025 from City of Lanesboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Raging Root Adventure Arcade hold?

Raging Root Adventure Arcade 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 City of Lanesboro currently buying?

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

Work in government? Get Civic IQ free →

More City of Lanesboro contracts →Browse all agencies in Iowa →