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EDA Recommends Lakeside Center Loan Amendment

City of Pine logoCity of Pine
Disclosed value
$50,000.00 principal
From agendapacket
Document date
Sep 23, 2026
Renews
Free account

The 30-second brief

What it covers

Pine City’s EDA recommended amending Lakeside Center LLC’s $50,000 revolving loan for student housing rehabilitation. The amendment extends maturity to December 1, 2028, increases interest to 5%, and begins monthly amortizing payments in January 2027.

Who holds it

Lakeside Center LLC holds this financial services contract with City of Pine. Its other public contracts on record include work for Town of Penn and Town of Pine Lake.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Pine contract.

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Contract details

Contract type
Financial Services
Amount
$50,000.00 principal
Document date
September 23, 2026
Term
Extended maturity through December 1, 2028; monthly payments begin January 1, 2027
Renews
Free account
Vendor
Lakeside Center LLC
Agency
City of Pine
Source document
Pine City AgendaPacket EDA Meeting 2026-09-23 (AgendaPacket)

Lakeside Center LLC's other public contracts

City of Pine, MinnesotaPine City Amends Lakeside Center Loan Agreement · Oct 27, 2026City of Pine, MinnesotaPine City EDA Extends Lakeside Center Loan · Aug 26, 2026City of Pine, MinnesotaLakeside Center Leases Former Clinic To PTCC · Sep 24, 2025UndisclosedTown of Penn, MinnesotaPayment to Lakeside Center LLC for Social Services · Dec 17, 2024$3.4KTown of Pine Lake, MinnesotaHuman Services Vendor Paid · Dec 17, 2024$3.4KAll Lakeside Center LLC contractsVendor profile

More City of Pine contracts

EHLERSPine City Seeks Ehlers Advice on Timber Pines Financing · Oct 27, 2026UndisclosedStearns BankPine City Transfers EDA CD From Stearns Bank · Oct 27, 2026$68.1KMn PeipPine City Pays MN PEIP Health Insurance Premium · Oct 27, 2026$44.2Lincoln National LifePine City Pays Lincoln National Disability Premium · Oct 27, 2026$1.4Fryberger, Buchanan, Smith & Frederick PaFryberger Named Bond Counsel for Timber Pines Bonds · Oct 27, 2026All City of Pine activityAgency profile

Questions about this contract

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

Lakeside Center LLC was awarded this financial services contract by City of Pine, as recorded on September 23, 2026. The contract value is $50,000.00 principal.

How much is the Lakeside Center LLC contract with City of Pine worth?

The Lakeside Center LLC contract with City of Pine is valued at $50,000.00 principal, 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 Pine City AgendaPacket EDA Meeting 2026-09-23 (AgendaPacket), dated September 23, 2026 from City of Pine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lakeside Center LLC hold?

Lakeside Center 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 Pine currently buying?

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

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