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City Extends Revolving Loan Term for St Peter Food Coop

City of St. Peter logoCity of St. Peter
Document date
Oct 27, 2025
Renews
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The 30-second brief

What it covers

The City of Saint Peter approved a five-year extension of the balloon payment on its revolving loan to St Peter Food Coop, with a new final payment date in Spring 2030 and an interest rate of 5.25%. The extension continues mortgage security and allows the cooperative to retire the note over an extended period.

Who holds it

St Peter Food Coop holds this financial services contract with City of St. Peter. Its other public contracts on record include work for HRA of ST. PETER, MINNESOTA.

What happens next

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

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Contract details

Contract type
Financial Services
Document date
October 27, 2025
Term
Five-year balloon payment extension; final payment in Spring 2030
Renews
Free account
Vendor
St Peter Food Coop
Agency
City of St. Peter
Source document
city_of_saint_peter_regular_city_council_meeting_a.pdf (Agenda)

St Peter Food Coop's other public contracts

City of St. Peter, MinnesotaFood Coop Receives $114,669 City Loan · Mar 2, 2026$114.7KCity of St. Peter, MinnesotaFood Coop Awarded $114K Revolving Loan · Mar 2, 2026$114.7KHRA of ST. PETER, MINNESOTA, MinnesotaSt. Peter Food Coop loan extended 5 years · Oct 27, 2025UndisclosedCity of St. Peter, MinnesotaSt. Peter Food Coop loan balloon payment extension approved · Oct 23, 2025UndisclosedHRA of ST. PETER, MINNESOTA, MinnesotaEDA to consider loan extension for food coop · Oct 23, 2025UndisclosedAll St Peter Food Coop contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of St. Peter?

St Peter Food Coop was awarded this financial services contract by City of St. Peter, as recorded on October 27, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_saint_peter_regular_city_council_meeting_a.pdf (Agenda), dated October 27, 2025 from City of St. Peter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does St Peter Food Coop hold?

St Peter Food Coop 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 St. Peter currently buying?

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

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