Sabra Assumes Waters TIF Agreements and Note
City of ExcelsiorCity · Excelsior, MN- Disclosed value
- $10.00 consideration; associated Tax Increment Revenue Note originally issued for $2,750,000
- From agendapacket
- Approved
- Nov 2, 2026
- Renews
- Free account
The 30-second brief
The Excelsior City Council approved Sabra Minnesota AL Propco, LLC’s assumption of the existing development and TIF agreements for The Waters property. The TIF Agreement expires February 1, 2046, and the transferred Tax Increment Revenue Note originally totaled $2.75 million.
Sabra Minnesota Al Propco LLC holds this contract with City of Excelsior.
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Contract details
- Amount
- $10.00 consideration; associated Tax Increment Revenue Note originally issued for $2,750,000
- Document date
- November 2, 2026
- Term
- Assignment effective November 2026; TIF Agreement expires February 1, 2046
- Renews
- On record
- Vendor
- Sabra Minnesota Al Propco LLC
- Agency
- City of Excelsior
- Source document
- City of Excelsior AgendaPacket 2026-11-02 (AgendaPacket)
More City of Excelsior contracts
Questions about this contract
Who was awarded the government contract by City of Excelsior?
Sabra Minnesota Al Propco LLC was awarded this government contract by City of Excelsior, as recorded on November 2, 2026. The contract value is $10.00 consideration; associated Tax Increment Revenue Note originally issued for $2,750,000.
How much is the Sabra Minnesota Al Propco LLC contract with City of Excelsior worth?
The Sabra Minnesota Al Propco LLC contract with City of Excelsior is valued at $10.00 consideration; associated Tax Increment Revenue Note originally issued for $2,750,000.
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 Excelsior AgendaPacket 2026-11-02 (AgendaPacket), dated November 2, 2026 from City of Excelsior. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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