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EDA Approves Industrial Park Land Sale to Aventus Investments LLC

City of New Prague logoCity of New Prague
Disclosed value
$387,139.50
From agendapacket
Awarded
Feb 11, 2026
Renews
Free account

The 30-second brief

What it covers

The New Prague Economic Development Authority has approved the sale of Lots 4 & 5 in the Business Park to Aventus Investments LLC for $387,139.50, subject to a new purchase and development agreement. Aventus will consolidate the lots to build a single office, shop, and warehouse building valued at a minimum of $3,500,000. The agreement requires closing by April 2026 and completion of construction within a year thereafter.

Who holds it

Aventus Investments LLC holds this contract with City of New Prague.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of New Prague contract.

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Contract details

Amount
$387,139.50
Document date
February 11, 2026
Term
Closing on or before April 15, 2026; 12 months to complete construction after closing
Renews
Free account
Vendor
Aventus Investments LLC
Agency
City of New Prague
Source document
New Prague Economic Development Authority Meeting Agenda Packet February 2026 (AgendaPacket)

Aventus Investments LLC's other public contracts

City of New Prague, MinnesotaAventus Investments Nears Purchase of Final Industrial Lots · Apr 20, 2026UndisclosedCity of New Prague, MinnesotaEDA Sells Industrial Land to Aventus Investments LLC · Mar 8, 2026UndisclosedCity of New Prague, MinnesotaEDA Initiates Sale to Aventus for Industrial Development · Feb 25, 2026UndisclosedCity of New Prague, MinnesotaEDA Approves Land Sale To Aventus Investments LLC · Feb 11, 2026UndisclosedCity of New Prague, MinnesotaEDA Schedules Land Sale to Aventus Investments LLC · Feb 11, 2026UndisclosedAll Aventus Investments LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of New Prague?

Aventus Investments LLC was awarded this government contract by City of New Prague, as recorded on February 11, 2026. The contract value is $387,139.50.

How much is the Aventus Investments LLC contract with City of New Prague worth?

The Aventus Investments LLC contract with City of New Prague is valued at $387,139.50.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in New Prague Economic Development Authority Meeting Agenda Packet February 2026 (AgendaPacket), dated February 11, 2026 from City of New Prague. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Aventus Investments LLC hold?

Aventus Investments 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.

What is City of New Prague currently buying?

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

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