CONTRACTPENDING

Waseca Approves $3.2M TIF for Apartment Project

Disclosed value: $3,213,368; From minutes
Document date: Sep 16, 2025
Term: 26 years

What it covers

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

Who holds it

Waseca Marketplace holds this development contract with City of Waseca. Its other public contracts on record include work for Town of Vasa.

What happens next

Term as filed: 26 years.

See who signed off on this $3.2M contract.

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Contract details

Contract type: Development
Amount: $3,213,368
Document date: September 16, 2025
Term: 26 years
Vendor: Waseca Marketplace
Agency: City of Waseca
Source document: waseca_city_council_meeting_agenda_september_2025.pdf (Minutes)

Waseca Marketplace's other public contracts

Town of Vasa, MinnesotaRequest for Waseca City owned Marketplace LLC. · Jun 17, 2025Undisclosed Town of Vasa, MinnesotaMarketplace Property Sale Approved for Development · Jun 3, 2025Undisclosed All Waseca Marketplace contractsVendor profile

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Questions about this contract

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.

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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.

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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