Loanapproved

City of Lanesboro Awards $40,000 Loan Contract to Raging Root Adventure Arcade (May 2025)

Lanesboro EDA approved a $40,000 loan to Raging Root Adventure Arcade, LLC for property repairs and upgrades over 7 years at 2% interest, contingent on collateral agreement.

Status
approved
Document date
May 1, 2025
Contract type
Loan
Vendor
Raging Root Adventure Arcade
Agency
City of Lanesboro · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$40,000
Contract type
Loan
Contract term
7 years
Renewal date
NA
Renewal
NA
Document type
Minutes
Source document
lanesboro_economic_development_authority_minutes_m.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by City of Lanesboro?

Raging Root Adventure Arcade was awarded this loan contract by City of Lanesboro, as recorded on May 1, 2025. The contract value is $40,000.

How much is the Raging Root Adventure Arcade contract with City of Lanesboro worth?

The Raging Root Adventure Arcade contract with City of Lanesboro is valued at $40,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in lanesboro_economic_development_authority_minutes_m.pdf (Minutes), dated May 1, 2025 from City of Lanesboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Raging Root Adventure Arcade hold?

Raging Root Adventure Arcade may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Raging Root Adventure Arcade's profile

What is City of Lanesboro currently buying?

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

View City of Lanesboro's profile

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