Opus Agreement Amended for Roadway Cost Sharing
City of ShakopeeCity · Shakopee, MN- Disclosed value
- $263,489.20; $411,510.80 (up to $675,000 total Plan B share)
- From agendapacket
- Document date
- Sep 1, 2026
- Renews
- Free account
The 30-second brief
The City of Shakopee is amending its Developer's Agreement with Opus Development Company LLC for the River Valley Business Park to require full reimbursement for Colburn Drive improvements and conditional reimbursement for County Highway 69 intersection work. The amendment changes cost sharing, releases Lot 1 Block 1 from the agreement, and allows special assessments up to $411,510.80 if Opus fails to pay, with the City Attorney to review an estoppel certificate for execution.
Opus Development Company LLC holds this construction contract with City of Shakopee. Its other public contracts on record include work for City of Canal Winchester city and City of Bondurant.
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Contract details
- Contract type
- Construction
- Amount
- $263,489.20; $411,510.80 (up to $675,000 total Plan B share)
- Document date
- September 1, 2026
- Term
- Reimbursement for completed Colburn Drive; conditional reimbursement for CH69 roundabout if contract awarded by November 6, 2027
- Renews
- On record
- Agency
- City of Shakopee
- Source document
- Shakopee City Council AgendaPacket Regular Meeting 2026-09-01 (AgendaPacket)
Opus Development Company LLC's other public contracts
More City of Shakopee contracts
Questions about this contract
Who was awarded the construction contract by City of Shakopee?
Opus Development Company LLC was awarded this construction contract by City of Shakopee, as recorded on September 1, 2026. The contract value is $263,489.20; $411,510.80 (up to $675,000 total Plan B share).
How much is the Opus Development Company LLC contract with City of Shakopee worth?
The Opus Development Company LLC contract with City of Shakopee is valued at $263,489.20; $411,510.80 (up to $675,000 total Plan B share), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Shakopee City Council AgendaPacket Regular Meeting 2026-09-01 (AgendaPacket), dated September 1, 2026 from City of Shakopee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Opus Development Company LLC hold?
Opus Development Company 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 Shakopee currently buying?
Explore City of Shakopee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.