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FINANCIAL_SERVICESAMENDED

City of White Bear Lake City Council Meeting Agenda May 12 2026

City loan agreements subordinated for Hoffman Place project

City of White Bear LakeWBL HOFFMAN PLACE LLCMay 12, 2026

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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

Description

The City Council plans to approve a resolution subordinating the City's loan and development agreements with WBL Hoffman Place, LLC. This action adjusts the priority of the City's interest in the project financing structure.

Contract Details

Vendor

WBL HOFFMAN PLACE LLC

Agency

City of White Bear Lake, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Renewal Info

Subordination modifies existing loan and development agreements; original terms remain except for security priority changes.

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