Port Authority Approves Jefferson School Redevelopment Agreement
City of Red WingCity · Red Wing, MN- Disclosed value
- $50,000 purchase price; $15,000 total earnest money deposit, including an additional $10,000 deposit
- From agendapacket
- Approved
- Nov 14, 2026
- Renews
- Free account
The 30-second brief
The Red Wing Port Authority approved a purchase and development agreement with Red Wing Abramson LLC for the former Jefferson School property at a $50,000 purchase price. Closing is targeted for April 30, 2027, and the developer will rehabilitate the building into residential housing while conveying up to 1.3 acres to the City for park purposes.
Red Wing Abramson LLC holds this contract with City of Red Wing.
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Contract details
- Amount
- $50,000 purchase price; $15,000 total earnest money deposit, including an additional $10,000 deposit
- Document date
- November 14, 2026
- Term
- Effective upon full execution; closing on or before April 30, 2027, subject to conditions; agreement may be terminated if closing has not occurred by December 31, 2027
- Renews
- On record
- Vendor
- Red Wing Abramson LLC
- Agency
- City of Red Wing
- Source document
- Red Wing Port Authority AgendaPacket Jefferson School Property Sale and Purchase and Development Agreement 2026-11-17 (AgendaPacket)
More City of Red Wing contracts
Questions about this contract
Who was awarded the government contract by City of Red Wing?
Red Wing Abramson LLC was awarded this government contract by City of Red Wing, as recorded on November 14, 2026. The contract value is $50,000 purchase price; $15,000 total earnest money deposit, including an additional $10,000 deposit.
How much is the Red Wing Abramson LLC contract with City of Red Wing worth?
The Red Wing Abramson LLC contract with City of Red Wing is valued at $50,000 purchase price; $15,000 total earnest money deposit, including an additional $10,000 deposit.
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 Red Wing Port Authority AgendaPacket Jefferson School Property Sale and Purchase and Development Agreement 2026-11-17 (AgendaPacket), dated November 14, 2026 from City of Red Wing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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