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Town of Owatonna Awards $704,724 Loan Agreement Contract to Mineral Springs Estates (September 2025)

Town of Owatonna logoTown of Owatonna
Disclosed value
$704,724.30
From minutes
Approved
Sep 2, 2025

The 30-second brief

What it covers

Mineral Springs Estates, LLC approved for $704,724.30 loan agreement and mortgage for infrastructure development with 5% contingency.

Who holds it

Mineral Springs Estates holds this loan agreement contract with Town of Owatonna. Its other public contracts on record include work for City of Owatonna.

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Contract details

Contract type
Loan Agreement
Amount
$704,724.30
Document date
September 2, 2025
Term
NA
Vendor
Mineral Springs Estates
Agency
Town of Owatonna
Source document
owatonna-city-council-meeting-minutes-september-2-2025_0f4.pdf (Minutes)

Mineral Springs Estates's other public contracts

City of Owatonna, MinnesotaMineral Springs Estates Land Development Agreement Pending · Sep 2, 2025UndisclosedCity of Owatonna, MinnesotaMineral Springs Estates LLC approved $704K loan agreement · Sep 2, 2025$704.7KTown of Owatonna, MinnesotaLand Development Agreement approved for Mineral Springs Estates, LLC · Sep 2, 2025UndisclosedCity of Owatonna, MinnesotaMineral Springs Estates, LLC $704K loan agreement for housing development · Sep 2, 2025$704.7KTown of Owatonna, MinnesotaMineral Springs Estates, LLC $704K loan agreement approved · Sep 2, 2025$704.7KAll Mineral Springs Estates contractsVendor profile

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Questions about this contract

Who was awarded the loan agreement contract by Town of Owatonna?

Mineral Springs Estates was awarded this loan agreement contract by Town of Owatonna, as recorded on September 2, 2025. The contract value is $704,724.30.

How much is the Mineral Springs Estates contract with Town of Owatonna worth?

The Mineral Springs Estates contract with Town of Owatonna is valued at $704,724.30, covering loan agreement work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in owatonna-city-council-meeting-minutes-september-2-2025_0f4.pdf (Minutes), dated September 2, 2025 from Town of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mineral Springs Estates hold?

Mineral Springs Estates 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 Town of Owatonna currently buying?

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

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