FINANCIAL_SERVICESAPPROVED

City of Lino Lakes Awards Financial Services Contract to Lyngblomsten at Lino Lakes Llc (August 2026)

Lino Lakes approved a Loan Agreement to provide up to $60 million in proceeds from its Senior Housing Revenue Refunding Note to Lyngblomsten at Lino Lakes LLC. The funds will refinance prior construction and TIF debt tied to the senior housing campus at Blanchard Boulevard and Hammerly Court.

Status
APPROVED
Document date
August 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lyngblomsten at Lino Lakes Llc
Agency
City of Lino Lakes · MN

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $60,000,000 (loan of note proceeds)
Contract type
FINANCIAL_SERVICES
Renewal
Refinances the 2021 Bethel Note and related taxable notes; note and loan terms may include future prepayment or refunding but are not detailed in the staff report.
Document type
AgendaPacket
Source document
City of Lino Lakes Agenda Packet 2026-08-24

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lino Lakes?

Lyngblomsten at Lino Lakes Llc was awarded this financial services contract by City of Lino Lakes, as recorded on August 24, 2026. The contract value is Not to exceed $60,000,000 (loan of note proceeds).

How much is the Lyngblomsten at Lino Lakes Llc contract with City of Lino Lakes worth?

The Lyngblomsten at Lino Lakes Llc contract with City of Lino Lakes is valued at Not to exceed $60,000,000 (loan of note proceeds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lino Lakes Agenda Packet 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Lino Lakes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lyngblomsten at Lino Lakes Llc hold?

Lyngblomsten at Lino Lakes 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.

View Lyngblomsten at Lino Lakes Llc's profile

What is City of Lino Lakes currently buying?

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

View City of Lino Lakes's profile

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