City of Red Wing Awards Facilities Contract to Archer Daniels Midland (November 2023)
City of Red WingCity · Red Wing, MN- Disclosed value
- $24,353.50 in 2024; $24,962.34 in 2025; $25,586.40 in 2026; $26,226.06 in 2027; $26,881.71 in 2028
- From agendapacket
- Approved
- Nov 6, 2023
- Renews
- Free account
The 30-second brief
The Red Wing Port Authority approved a new lease with Archer Daniels Midland for riverfront dock, storage, and related facilities starting January 1, 2024. The five-year agreement begins at $24,353.50 in annual rent with 2.5% yearly increases and includes updated indemnification and shared-use provisions for riverboat operations and a potential public trail. An additional three-year extension option could carry the lease through 2031.
Archer Daniels Midland holds this facilities contract with City of Red Wing. Its other public contracts on record include work for City of Marshall and City of Cottonwood.
The renewal date is on record. A free account shows it, with the renewals for every City of Red Wing contract.
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Contract details
- Contract type
- Facilities
- Amount
- $24,353.50 in 2024; $24,962.34 in 2025; $25,586.40 in 2026; $26,226.06 in 2027; $26,881.71 in 2028
- Document date
- November 6, 2023
- Term
- January 1, 2024 – December 31, 2028, with an option for one additional three-year term January 1, 2029 – December 31, 2031
- Renews
- Free account
- Vendor
- Archer Daniels Midland
- Agency
- City of Red Wing
- Source document
- Red Wing Port Authority Agenda Packet 2023-11-06 (AgendaPacket)
Archer Daniels Midland's other public contracts
More City of Red Wing contracts
Questions about this contract
Who was awarded the facilities contract by City of Red Wing?
Archer Daniels Midland was awarded this facilities contract by City of Red Wing, as recorded on November 6, 2023. The contract value is $24,353.50 in 2024; $24,962.34 in 2025; $25,586.40 in 2026; $26,226.06 in 2027; $26,881.71 in 2028.
How much is the Archer Daniels Midland contract with City of Red Wing worth?
The Archer Daniels Midland contract with City of Red Wing is valued at $24,353.50 in 2024; $24,962.34 in 2025; $25,586.40 in 2026; $26,226.06 in 2027; $26,881.71 in 2028, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Red Wing Port Authority Agenda Packet 2023-11-06 (AgendaPacket), dated November 6, 2023 from City of Red Wing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Archer Daniels Midland hold?
Archer Daniels Midland 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 Red Wing currently buying?
Explore City of Red Wing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.