OTHERDISCUSSED

Hempel Real Estate Project Discussed by Commission

The Parks Commission discussed park dedication expectations for Hempel Real Estate’s proposed 237-unit development at 3500 County Road 92. Staff noted that the city may seek cash-in-lieu of land equal to 12% of the property’s fair market value, with a maximum of $38,000 per lot.

Document date · July 27, 2026

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
12% of the fair market value of the Property; maximum of $38,000 per lot
Contract type
OTHER
Document type
Agenda
Source document
Minnetrista Parks Commission Agenda 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Minnetrista?

Hempel Real Estate was awarded this government contract by City of Minnetrista, as recorded on July 27, 2026. The contract value is 12% of the fair market value of the Property; maximum of $38,000 per lot.

How much is the Hempel Real Estate contract with City of Minnetrista worth?

The Hempel Real Estate contract with City of Minnetrista is valued at 12% of the fair market value of the Property; maximum of $38,000 per lot.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Minnetrista Parks Commission Agenda 2026-07-27 (Agenda), dated July 27, 2026 from City of Minnetrista. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hempel Real Estate hold?

Hempel Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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