CONTRACTAPPROVED

City of Cottage Grove Awards $2,000,000 Financial Services Contract to BELLAGALA (January 2026)

Disclosed value: $2,000,000; From agenda
Approved: Jan 13, 2026
Renews: Mar 2027; Free account

What it covers

The Economic Development Authority awarded Bellagala a $2 million loan, with $600,000 forgivable after 8 years, to restore and operate the Cedarhurst Event Center. The agreement is supported by a business subsidy and will be secured by a mortgage on the property.

Who holds it

BELLAGALA holds this financial services contract with City of Cottage Grove.

What happens next

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

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Contract details

Contract type: Financial Services
Amount: $2,000,000
Document date: January 13, 2026
Term: 8 years (2026–2034); $600,000 forgivable after 8 years if conditions met
Renews: Free account
Vendor: BELLAGALA
Agency: City of Cottage Grove
Source document: Cottage Grove Economic Development Authority Agenda January 2026 (Agenda)

BELLAGALA's other public contracts

City of Cottage Grove, MinnesotaBellagala approved for event center/wedding venue permit · Aug 20, 2025Undisclosed City of Cottage Grove, MinnesotaBellagala Receives $37,275 Subsidy for Economic Growth · Aug 20, 2025$37.3K City of Cottage Grove, MinnesotaBellagala awarded $37,275 business subsidy for Cedarhurst event center · Aug 20, 2025$37.3K City of Cottage Grove, MinnesotaCottage Grove Recommends $37,275 Bellagala Subsidy Agreement · Aug 20, 2025$37.3K City of Cottage Grove, MinnesotaBellagala awarded $37,273 business subsidy for SAC units · Aug 13, 2025$37.3K All BELLAGALA contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Cottage Grove?

BELLAGALA was awarded this financial services contract by City of Cottage Grove, as recorded on January 13, 2026. The contract value is $2,000,000.

How much is the BELLAGALA contract with City of Cottage Grove worth?

The BELLAGALA contract with City of Cottage Grove is valued at $2,000,000, covering financial services work.

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 Cottage Grove Economic Development Authority Agenda January 2026 (Agenda), dated January 13, 2026 from City of Cottage Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does BELLAGALA hold?

BELLAGALA 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 Cottage Grove currently buying?

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

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