Excelsior Approves Assignment of Waters TIF Agreements
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 the assignment of The Waters of Excelsior’s development and TIF agreements to Sabra Minnesota AL Propco, LLC. The underlying TIF Agreement remains in effect through February 1, 2046, and the associated note originally totaled $2.75 million.
Waters of Excelsior 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
- Development and TIF agreements dated May 23, 2017; TIF Agreement expires February 1, 2046
- Renews
- On record
- Vendor
- Waters of Excelsior 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?
Waters of Excelsior 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 Waters of Excelsior LLC contract with City of Excelsior worth?
The Waters of Excelsior 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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