city-of-shoreview-economic-development-authority-agenda-september-02-2025_ccc.pdf
Shoreview Hills Apartments Tax Assistance Deal on Table
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Description
City will issue two pay-as-you-go Tax Increment Revenue Notes totaling $13,300,000. City will reimburse the Developer for the following costs of the Project up to and not exceeding $13,300,000: Affordable Housing, Land Acquisition
Contract Details
Contract Amount
$13,300,000
Vendor
TRIDENT DEVELOPMENT
Agency
City of Shoreview, MN
Contract Type
Real Estate Development
Document Date
September 2, 2025
Contract Term
26 years
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