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EDA Considers $50,000 Fareway Forgivable Loan

City of Faribault logoCity of Faribault
Disclosed value
$50,000 forgivable loan
From agendapacket
Document date
Oct 22, 2026

The 30-second brief

What it covers

The Faribault Economic Development Authority is considering a $50,000 forgivable loan to Fareway Stores, Inc. for redevelopment of its grocery store and liquor store project. The EDA is expected to take official action in November 2026.

Who holds it

Fareway Stores Inc holds this contract with City of Faribault. Its other public contracts on record include work for City of Dyersville.

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Contract details

Amount
$50,000 forgivable loan
Document date
October 22, 2026
Vendor
Fareway Stores Inc
Agency
City of Faribault
Source document
Faribault Economic Development Authority AgendaPacket Economic Development Authority Meeting 2026-10-22 (AgendaPacket)

Fareway Stores Inc's other public contracts

City of Faribault, MinnesotaEDA to Discuss Fareway Economic Incentive Request · Oct 22, 2026UndisclosedCity of Dyersville, IowaLibrary Approves Fareway Purchases for Youth Programs · Oct 19, 2026$104.2City of Dyersville, IowaLibrary Approves Fareway Program Supply Purchases · Oct 13, 2026$107.1City of Faribault, MinnesotaFaribault Considers Fareway Private Development Contract · Oct 13, 2026UndisclosedCity of Faribault, MinnesotaFaribault Council to Consider Fareway Development Contract · Oct 13, 2026UndisclosedAll Fareway Stores Inc contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Faribault?

Fareway Stores Inc was awarded this government contract by City of Faribault, as recorded on October 22, 2026. The contract value is $50,000 forgivable loan.

How much is the Fareway Stores Inc contract with City of Faribault worth?

The Fareway Stores Inc contract with City of Faribault is valued at $50,000 forgivable loan.

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 Faribault Economic Development Authority AgendaPacket Economic Development Authority Meeting 2026-10-22 (AgendaPacket), dated October 22, 2026 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fareway Stores Inc hold?

Fareway Stores Inc 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 Faribault currently buying?

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

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