HRA Extends Loan Term for Edina Chamber
City of EdinaCity · Edina, MN- Disclosed value
- $650,000 (current balance approximately $469,000; increase of about $5,000)
- From meeting minutes
- Document date
- Apr 10, 2025
The 30-second brief
The Edina Housing and Redevelopment Authority approved a second amendment to its $650,000 drawdown loan with the Edina Chamber of Commerce, extending the term from seven to fifteen years at 2% interest. The amendment adds about $5,000 to cover internal legal expenses and requires semiannual payments each July and December.
Edina Chamber of Commerce holds this financial services contract with City of Edina.
Term as filed: Loan term extended from 7 years to 15 years, with two payments per year in July and December.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $650,000 (current balance approximately $469,000; increase of about $5,000)
- Document date
- April 10, 2025
- Term
- Loan term extended from 7 years to 15 years, with two payments per year in July and December
- Agency
- City of Edina
- Source document
- city-of-edinameeting-minutes2025-04-10_0f8.pdf (Meeting Minutes)
Edina Chamber of Commerce's other public contracts
More City of Edina contracts
Questions about this contract
Who was awarded the financial services contract by City of Edina?
Edina Chamber of Commerce was awarded this financial services contract by City of Edina, as recorded on April 10, 2025. The contract value is $650,000 (current balance approximately $469,000; increase of about $5,000).
How much is the Edina Chamber of Commerce contract with City of Edina worth?
The Edina Chamber of Commerce contract with City of Edina is valued at $650,000 (current balance approximately $469,000; increase of about $5,000), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-edinameeting-minutes2025-04-10_0f8.pdf (Meeting Minutes), dated April 10, 2025 from City of Edina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Edina Chamber of Commerce hold?
Edina Chamber of Commerce 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 Edina currently buying?
Explore City of Edina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.