FACILITIESPENDING

City reviews AVR sale-leaseback proposal for 400 Richmond

South St. Paul’s council will review and provide feedback on a proposed sale and leaseback agreement with AVR for 400 Richmond Street East, including a reduced purchase price of approximately $5.69 million, a $128,200 environmental escrow, and a lease at $30,000 per month NNN through at least December 31, 2027. The proposal also includes City options to extend occupancy through 2029 while accommodating AVR’s future concrete batch plant.

Status
PENDING
Document date
March 23, 2026
Contract type
FACILITIES
Vendor
AVR
Agency
City of South St. Paul · MN

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Proposed purchase price $5,693,000 after a 4.3% reduction ($257,000) from $5,950,000; proposed lease rate $30,000 per month NNN
Contract type
FACILITIES
Contract term
Proposed lease term ending December 31, 2027, with City option to extend up to 24 months (through December 31, 2029)
Renewal date
2029-12-31
Renewal
Draft lease contemplates an initial term through December 31, 2027 with up to 24 months of extension rights for the City, potentially through December 31, 2029.
Document type
Agenda
Source document
City of South St. Paul Work Session Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of South St. Paul?

AVR was awarded this facilities contract by City of South St. Paul, as recorded on March 23, 2026. The contract value is Proposed purchase price $5,693,000 after a 4.3% reduction ($257,000) from $5,950,000; proposed lease rate $30,000 per month NNN.

How much is the AVR contract with City of South St. Paul worth?

The AVR contract with City of South St. Paul is valued at Proposed purchase price $5,693,000 after a 4.3% reduction ($257,000) from $5,950,000; proposed lease rate $30,000 per month NNN, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of South St. Paul Work Session Agenda March 2026 (Agenda), dated March 23, 2026 from City of South St. Paul. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does AVR hold?

AVR 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 South St. Paul currently buying?

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

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