EDA Recommends $40,000 Loan for Filip Diesel Repair
City of MadeliaCity · Madelia, MN- Disclosed value
- $40,000
- From agendapacket
- Document date
- Sep 28, 2026
- Term
- 7 years at 3% interest
The 30-second brief
The Madelia Economic Development Authority is considering a recommended $40,000 loan to Filip Diesel Repair for equipment and building improvements. The proposed financing carries 3% interest over seven years and requires City Council action.
Filip Diesel Repair holds this financial services contract with City of Madelia.
Term as filed: 7 years at 3% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- $40,000
- Document date
- September 28, 2026
- Term
- 7 years at 3% interest
- Vendor
- Filip Diesel Repair
- Agency
- City of Madelia
- Source document
- Madelia Economic Development Authority AgendaPacket September 28th, 2026 (AgendaPacket)
Filip Diesel Repair's other public contracts
More City of Madelia contracts
Questions about this contract
Who was awarded the financial services contract by City of Madelia?
Filip Diesel Repair was awarded this financial services contract by City of Madelia, as recorded on September 28, 2026. The contract value is $40,000.
How much is the Filip Diesel Repair contract with City of Madelia worth?
The Filip Diesel Repair contract with City of Madelia is valued at $40,000, 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 Madelia Economic Development Authority AgendaPacket September 28th, 2026 (AgendaPacket), dated September 28, 2026 from City of Madelia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Filip Diesel Repair hold?
Filip Diesel Repair 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 Madelia currently buying?
Explore City of Madelia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
