City Subsidy Supports Cedar Fair Resort Renovation
City of HuronCity · Huron, SD- Disclosed value
- $2 million subsidy (part of $3 million note issuance)
- From minutes
- Document date
- Dec 27, 2022
The 30-second brief
Huron City Manager reported that the City has disbursed a $2 million subsidy to Cedar Fair for the Sawmill Creek Resort renovation, funded through a $3 million TIF note issuance. The TIF notes mature in September 2023, with a long-term bond issuance under consideration.
Cedar Fair holds this financial services contract with City of Huron. Its other public contracts on record include work for City of Monticello and Avon Local Schools.
Term as filed: TIF notes maturing September 2023; long-term bond issuance to be considered thereafter.
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Contract details
- Contract type
- Financial Services
- Amount
- $2 million subsidy (part of $3 million note issuance)
- Document date
- December 27, 2022
- Term
- TIF notes maturing September 2023; long-term bond issuance to be considered thereafter
- Vendor
- Cedar Fair
- Agency
- City of Huron
- Source document
- city-of-huron-city-council-meeting-minutes-december-27-2022_202.pdf (Minutes)
Cedar Fair's other public contracts
More City of Huron contracts
Questions about this contract
Who was awarded the financial services contract by City of Huron?
Cedar Fair was awarded this financial services contract by City of Huron, as recorded on December 27, 2022. The contract value is $2 million subsidy (part of $3 million note issuance).
How much is the Cedar Fair contract with City of Huron worth?
The Cedar Fair contract with City of Huron is valued at $2 million subsidy (part of $3 million note issuance), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-huron-city-council-meeting-minutes-december-27-2022_202.pdf (Minutes), dated December 27, 2022 from City of Huron. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cedar Fair hold?
Cedar Fair 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 Huron currently buying?
Explore City of Huron's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.