CONTRACTAPPROVED

City of Paynesville Awards Financial Services Contract to Louis Industries (July 2026)

City of Paynesville
Approved
Jul 13, 2026

The 30-second brief

What it covers

The City Council approved a Promissory Note and Mortgage for the Louis Industries MIF loan, allowing DEED to fund the City, which will in turn lend to Louis Industries and receive 40% of the repayments.

Who holds it

Louis Industries holds this financial services contract with City of Paynesville.

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Contract details

Contract type
Financial Services
Document date
July 13, 2026
Source document
City of Paynesville City Council Minutes 2026-07-13 (Minutes)

Louis Industries's other public contracts

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Questions about this contract

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

Louis Industries was awarded this financial services contract by City of Paynesville, as recorded on July 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Paynesville City Council Minutes 2026-07-13 (Minutes), dated July 13, 2026 from City of Paynesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Louis Industries hold?

Louis Industries 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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What is City of Paynesville currently buying?

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