Minnetonka PACE Financing Amendment Recommended
City of MinnetonkaCity · Minnetonka, MN- Disclosed value
- $1,104,731
- From agendapacket
- Document date
- Oct 23, 2026
- Term
- 29 years beginning January 1, 2027
- Renews
- Free account
The 30-second brief
Minnetonka staff recommended amending the City's PACE assessment administered by the Saint Paul Port Authority. The revised financing totals $1,104,731 at 7.89% interest over 29 years beginning January 1, 2027, for HVAC, lighting, and water-efficiency improvements.
Saint Paul Port Authority (Sppa) holds this financial services contract with City of Minnetonka.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,104,731
- Document date
- October 23, 2026
- Term
- 29 years beginning January 1, 2027
- Renews
- Free account
- Vendor
- Saint Paul Port Authority (Sppa)
- Agency
- City of Minnetonka
- Source document
- City of Minnetonka AgendaPacket City Council Regular Meeting 2026-10-26 (AgendaPacket)
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Questions about this contract
Who was awarded the financial services contract by City of Minnetonka?
Saint Paul Port Authority (Sppa) was awarded this financial services contract by City of Minnetonka, as recorded on October 23, 2026. The contract value is $1,104,731.
How much is the Saint Paul Port Authority (Sppa) contract with City of Minnetonka worth?
The Saint Paul Port Authority (Sppa) contract with City of Minnetonka is valued at $1,104,731, 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 City of Minnetonka AgendaPacket City Council Regular Meeting 2026-10-26 (AgendaPacket), dated October 23, 2026 from City of Minnetonka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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