CONTRACTAPPROVED

City of Owatonna Awards $26,095 Business Subsidy Contract to Sputtering Components (April 2025)

Disclosed value: $26,095; From resolution
Approved: Apr 15, 2025

What it covers

City approves development agreement and grants business subsidy to Sputtering Components, Inc. for expansion project. Interfund loan of $26,095 at 4% interest to be repaid from tax increments.

Who holds it

Sputtering Components holds this business subsidy contract with City of Owatonna. Its other public contracts on record include work for Owatonna Public School District.

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Contract details

Contract type: Business Subsidy
Amount: $26,095
Document date: April 15, 2025
Term: NA
Vendor: Sputtering Components
Agency: City of Owatonna
Source document: city-of-owatonna-resolution-17-25_135.pdf (Resolution)

Sputtering Components's other public contracts

Owatonna Public School District, MinnesotaSchool Board accepts temperature kiosk donation · Jun 29, 2026 City of Owatonna, MinnesotaTax Increment Financing approved for Sputtering Components expansion · Nov 19, 2025Undisclosed City of Owatonna, MinnesotaSputtering Components Secures Incentive for Facility Expansion · Oct 22, 2025Undisclosed City of Owatonna, MinnesotaSputtering Components Starts 12,500 SF Facility Expansion · Sep 10, 2025Undisclosed City of Owatonna, MinnesotaDevelopment agreement approved for Sputtering Components, Inc. · Apr 15, 2025$260K All Sputtering Components contractsVendor profile

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City of OwatonnaOwatonna Airport Awarded $138K Maintenance Grant · Jun 30, 2027$138.6K Flemke PropertiesLow Doc Loan Consideration for Flemke Properties · Oct 20, 2026Undisclosed Hairevolution SalonForgivable Loan Consideration for HaiRevolution Salon · Oct 20, 2026Undisclosed Flemke PropertiesForgivable Loan Consideration for Flemke Properties · Oct 20, 2026Undisclosed Alleykat Properties LLCForgivable Loan Consideration for AlleyKat Properties · Oct 20, 2026Undisclosed All City of Owatonna activityAgency profile

Questions about this contract

Who was awarded the business subsidy contract by City of Owatonna?

Sputtering Components was awarded this business subsidy contract by City of Owatonna, as recorded on April 15, 2025. The contract value is $26,095.

How much is the Sputtering Components contract with City of Owatonna worth?

The Sputtering Components contract with City of Owatonna is valued at $26,095, covering business subsidy work.

What type of contract is this?

This is a Business Subsidy contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-owatonna-resolution-17-25_135.pdf (Resolution), dated April 15, 2025 from City of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sputtering Components hold?

Sputtering Components 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 Owatonna currently buying?

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

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