CONTRACTPENDING

Spring Lake Park Schools to Pledge Tax Abatements

Disclosed value: Up to $6,000,000 pledged tax abatement; From minutes
Document date: Apr 15, 2024
Term: 2025–2040
Renews: Mar 2027; Free account

What it covers

The Blaine City Council approved a tax abatement pledge agreement framework with Spring Lake Park Schools, under which the district will contribute up to $6 million in tax abatements from 2025 to 2040 toward turf field improvements at the National Sports Center. Final approval by the school board is expected later in April 2024.

Who holds it

Spring Lake Park Schools holds this financial services contract with City of Blaine. Its other public contracts on record include work for Spring Lake Park Public Schools and City of Spring Lake Park city.

What happens next

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

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Contract details

Contract type: Financial Services
Amount: Up to $6,000,000 pledged tax abatement
Document date: April 15, 2024
Term: 2025–2040
Renews: Free account
Vendor: Spring Lake Park Schools
Agency: City of Blaine
Source document: City of Blaine City Council Minutes 2024-04-15 (Minutes)

Spring Lake Park Schools's other public contracts

Spring Lake Park Public Schools, MinnesotaSpring Lake Park Schools approves Unaffiliated I/II groups contract · Mar 4, 2025Undisclosed Spring Lake Park Public Schools, MinnesotaSpring Lake Park Schools contract with Unaffiliated I/II · Mar 4, 2025Undisclosed City of Spring Lake Park city, Minnesotacity-of-spring-lake-park-city-agenda-2024-10-07_5ec.pdf · Oct 7, 2024Undisclosed St. Francis Area Schools, Minnesotast-francis-area-schoolsresolution-2024-08-12_2d4.pdf · Aug 12, 2024$8.8K City of Spring Lake Park, Minnesotacity-of-spring-lake-park-agenda-2024-08-05_26f.pdf · Aug 5, 2024Undisclosed All Spring Lake Park Schools contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Blaine?

Spring Lake Park Schools was awarded this financial services contract by City of Blaine, as recorded on April 15, 2024. The contract value is Up to $6,000,000 pledged tax abatement.

How much is the Spring Lake Park Schools contract with City of Blaine worth?

The Spring Lake Park Schools contract with City of Blaine is valued at Up to $6,000,000 pledged tax abatement, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Blaine City Council Minutes 2024-04-15 (Minutes), dated April 15, 2024 from City of Blaine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Spring Lake Park Schools hold?

Spring Lake Park Schools 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 Blaine currently buying?

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

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