Legacy Partners Development Agreement Assigned for Senior Living Project
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
Farmington’s Economic Development Authority’s 2016 Development Agreement with Legacy Partners of Farmington, LLC supported the Legacy of Farmington Senior Living project through a $1.47 million TIF revenue note. The EDA later approved assignment of the agreement and note as part of the property’s ownership transfer.
Legacy Partners of Farmington LLC holds this contract with City of Farmington.
Term as filed: 2016-07-15 – ongoing under the Development Agreement.
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Contract details
- Amount
- $1,470,000 original principal amount of the Taxable Tax Increment Revenue Note
- Document date
- November 14, 2026
- Term
- 2016-07-15 – ongoing under the Development Agreement
- Agency
- City of Farmington
- Source document
- Farmington Economic Development Authority Agenda Packet 2026-11-16 (AgendaPacket)
Legacy Partners of Farmington LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Farmington?
Legacy Partners of Farmington LLC was awarded this government 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 Legacy Partners of Farmington LLC contract with City of Farmington worth?
The Legacy Partners of Farmington LLC contract with City of Farmington is valued at $1,470,000 original principal amount of the Taxable Tax Increment Revenue Note.
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 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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What other contracts does Legacy Partners of Farmington LLC hold?
Legacy Partners of Farmington LLC 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 Farmington currently buying?
Explore City of Farmington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
