Faribault Budgets $50,000 for KGP Forgivable Loan
City of FaribaultCity · Faribault, MN- Disclosed value
- $50,000
- From agenda
- Document date
- Nov 7, 2026
- Term
- Year 2 of 5
- Renews
- Free account
The 30-second brief
Faribault's proposed 2027 EDA budget includes $50,000 for the KGP forgivable loan. The budget identifies the commitment as year two of a five-year arrangement.
Kgp Forgivable Loan holds this financial services contract with City of Faribault.
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Contract details
- Contract type
- Financial Services
- Amount
- $50,000
- Document date
- November 7, 2026
- Term
- Year 2 of 5
- Renews
- On record
- Vendor
- Kgp Forgivable Loan
- Agency
- City of Faribault
- Source document
- City of Faribault Agenda 2026-11-10 City Council Work Session (Agenda)
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Questions about this contract
Who was awarded the financial services contract by City of Faribault?
Kgp Forgivable Loan was awarded this financial services contract by City of Faribault, as recorded on November 7, 2026. The contract value is $50,000.
How much is the Kgp Forgivable Loan contract with City of Faribault worth?
The Kgp Forgivable Loan contract with City of Faribault is valued at $50,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Faribault Agenda 2026-11-10 City Council Work Session (Agenda), dated November 7, 2026 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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