EDA Approves $1 Million CVF Land Purchase
City of New PragueCity · New Prague, MN- Disclosed value
- $1,000,000.00
- From agendapacket
- Approved
- Nov 3, 2026
- Renews
- Free account
The 30-second brief
The Economic Development Authority approved a $1 million partial assignment and purchase agreement with CVF Motorsports Inc. d/b/a CVF Racing for approximately 33.25 gross acres at 27286 Helena Boulevard. The transaction remains subject to City Council approval and other closing contingencies by December 31, 2026.
Cvf Motorsports Inc Dba Cvf Racing holds this contract with City of New Prague.
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Contract details
- Amount
- $1,000,000.00
- Document date
- November 3, 2026
- Term
- Effective Date in 2026 through closing; approvals required by December 31, 2026
- Renews
- On record
- Vendor
- Cvf Motorsports Inc Dba Cvf Racing
- Agency
- City of New Prague
- Source document
- City of New Prague AgendaPacket Economic Development Authority Board Meeting 2026-11-04 (AgendaPacket)
More City of New Prague contracts
Questions about this contract
Who was awarded the government contract by City of New Prague?
Cvf Motorsports Inc Dba Cvf Racing was awarded this government contract by City of New Prague, as recorded on November 3, 2026. The contract value is $1,000,000.00.
How much is the Cvf Motorsports Inc Dba Cvf Racing contract with City of New Prague worth?
The Cvf Motorsports Inc Dba Cvf Racing contract with City of New Prague is valued at $1,000,000.00.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of New Prague AgendaPacket Economic Development Authority Board Meeting 2026-11-04 (AgendaPacket), dated November 3, 2026 from City of New Prague. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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