OTHERAMENDED

First Amendment Sought for Velair Land Purchase Agreement

The City of Anoka will consider a first amendment to its Purchase Agreement with Velair Development Company for 2.55 acres of city land for a planned four-story market-rate apartment project. The proposed amendment would allow Velair three years after closing to begin construction before a potential city repurchase.

Status
AMENDED
Document date
August 24, 2026
Contract type
OTHER
Vendor
Velair Development Company
Agency
City of Anoka · 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 type
OTHER
Contract term
3 years from land closing to commence construction
Renewal
Proposed first amendment clarifies repurchase terms by granting Velair 3 years from land closing to start construction before the City may repurchase the property.
Document type
AgendaPacket
Source document
City of Anoka Council Worksession Agenda Packet 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Anoka?

Velair Development Company was awarded this government contract by City of Anoka, as recorded on August 24, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Anoka Council Worksession Agenda Packet 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Anoka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Velair Development Company hold?

Velair Development Company 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 Velair Development Company's profile

What is City of Anoka currently buying?

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

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