City of Farmington Awards Financial Services Contract to Isf Farmington LLC (November 2026)
City of FarmingtonCity · Farmington, MN- Disclosed value
- $1,470,000 original principal amount of the Taxable Tax Increment Revenue Note
- From agendapacket
- Approved
- Nov 14, 2026
The 30-second brief
The Farmington Economic Development Authority approved a collateral assignment by ISF Farmington, LLC of the Legacy of Farmington Senior Living project’s TIF agreement, $1.47 million revenue note and pledged tax increments. The assignment supports financing for the property and names UMB Bank as trustee.
Isf Farmington LLC holds this financial services contract with City of Farmington.
Term as filed: 2026-11-16 – until satisfaction of secured obligations.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,470,000 original principal amount of the Taxable Tax Increment Revenue Note
- Document date
- November 14, 2026
- Term
- 2026-11-16 – until satisfaction of secured obligations
- Vendor
- Isf Farmington LLC
- Agency
- City of Farmington
- Source document
- Farmington Economic Development Authority Agenda Packet 2026-11-16 (AgendaPacket)
More City of Farmington contracts
Questions about this contract
Who was awarded the financial services contract by City of Farmington?
Isf Farmington LLC was awarded this financial services contract by City of Farmington, as recorded on November 14, 2026. The contract value is $1,470,000 original principal amount of the Taxable Tax Increment Revenue Note.
How much is the Isf Farmington LLC contract with City of Farmington worth?
The Isf Farmington LLC contract with City of Farmington is valued at $1,470,000 original principal amount of the Taxable Tax Increment Revenue Note, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Farmington Economic Development Authority Agenda Packet 2026-11-16 (AgendaPacket), dated November 14, 2026 from City of Farmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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