Developmentpending

Waseca Approves $3.2M TIF for Apartment Project

Waseca City Council has approved Tax Increment Financing (TIF) assistance to the Developer, with a request of $3,213,368 ,for the development of 36-unit apartment building in Waseca

Status
pending
Document date
September 16, 2025
Contract type
Development
Vendor
Waseca Marketplace
Agency
City of Waseca · 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
$3,213,368
Contract type
Development
Contract term
26 years
Document type
Minutes
Source document
waseca_city_council_meeting_agenda_september_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the development contract by City of Waseca?

Waseca Marketplace was awarded this development contract by City of Waseca, as recorded on September 16, 2025. The contract value is $3,213,368.

How much is the Waseca Marketplace contract with City of Waseca worth?

The Waseca Marketplace contract with City of Waseca is valued at $3,213,368, covering development work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in waseca_city_council_meeting_agenda_september_2025.pdf (Minutes), dated September 16, 2025 from City of Waseca. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Waseca Marketplace hold?

Waseca Marketplace 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 Waseca Marketplace's profile

What is City of Waseca currently buying?

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

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