CONTRACTAPPROVED

City of Merriam Awards Financial Services Contract to Walser Real Estate LLC (August 2026)

City of Merriam logoCity of Merriam
Disclosed value
Principal amount not to exceed $18,619,000
From minutes
Approved
Aug 24, 2026

The 30-second brief

What it covers

Merriam approved industrial revenue bond documents with Walser Real Estate, LLC for a Genesis dealership project. The arrangements include base-lease, lease-back, and bond-purchase agreements supporting bonds of up to $18,619,000.

Who holds it

Walser Real Estate LLC holds this financial services contract with City of Merriam. Its other public contracts on record include work for City of Wayzata.

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Contract details

Contract type
Financial Services
Amount
Principal amount not to exceed $18,619,000
Document date
August 24, 2026
Source document
City of Merriam Minutes City Council Meeting August 24, 2026 (Minutes)

Walser Real Estate LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Merriam?

Walser Real Estate LLC was awarded this financial services contract by City of Merriam, as recorded on August 24, 2026. The contract value is Principal amount not to exceed $18,619,000.

How much is the Walser Real Estate LLC contract with City of Merriam worth?

The Walser Real Estate LLC contract with City of Merriam is valued at Principal amount not to exceed $18,619,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Merriam Minutes City Council Meeting August 24, 2026 (Minutes), dated August 24, 2026 from City of Merriam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Walser Real Estate LLC hold?

Walser Real Estate 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 Merriam currently buying?

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

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