TIF Agreement with Roers Amended for Rent Limits

The Cottage Grove EDA adopted Resolution 2026-003 amending its housing TIF Agreement and Declaration of Restrictive Covenants with Roers to incorporate rent restrictions on designated affordable units. The change supports the developer’s pursuit of 4d tax classification and formalizes affordability conditions for the duration of the TIF district.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Through duration of the housing TIF district

Renewal

Existing housing TIF Agreement from November 2025 amended to include rent restrictions tied to income-qualified units. Agreement remains effective through the life of the TIF district; no separate renewal terms stated.

Document type

AgendaPacket

Source document

Cottage Grove Economic Development Authority Agenda Packet 2026-08-11

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Cottage Grove City Council Agenda Packet 2026-09-02

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Cottage Grove EDA Meeting Agenda Packet May 12 2026

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City of Garrison Minutes May and Special Meeting 2026

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City of Arden Hills Council Work Session Minutes February 2026

DISCUSSED

City of Arden Hills, MinnesotaFeb 9, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

ROERS was awarded this financial services contract by City of Cottage Grove, as recorded on August 11, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cottage Grove Economic Development Authority Agenda Packet 2026-08-11 (AgendaPacket), dated August 11, 2026 from City of Cottage Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ROERS hold?

ROERS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Cottage Grove currently buying?

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TIF Agreement with Roers Amended for Rent Limits

Scope & details

Related contracts

Frequently asked questions

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

What type of contract is this?

Where was this contract approved?

What other contracts does ROERS hold?

What is City of Cottage Grove currently buying?

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