City prepares development pact for CoNorth project

Scope & details

The full contract record, as filed.

Contract amount

$30,000 payment at signing; land (Outlot B; Parcel 19.671.002; 9.6 acres) valued at $483,700 transferred at no cost; infrastructure financed by City bond and Minnesota Housing Agency grant, with uncovered costs assessed to developer

Contract type

CONSTRUCTION

Contract term

Three phases of development; unilateral cancellation options at 50% engineering and 90% design milestones

Renewal

Agreement will include unilateral cancellation options for either party at the 50% engineering milestone and again at 90% design completion. Standard subdivision-style assessments will repay infrastructure costs over time; no additional City financial incentives beyond land transfer and infrastructure financing support are anticipated.

Document type

AgendaPacket

Source document

City of Saint Peter Agenda Packet 2026-08-17

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City of Renville Minutes City Council Meeting 2026-03-23

PENDING

City of Renville, MinnesotaMar 23, 2026

City of Saint Peter Council Workshop Agenda Packet March 2026

PLANNED

City of St. Peter, MinnesotaMar 2, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of St. Peter?

CONORTH was awarded this construction contract by City of St. Peter, as recorded on August 17, 2026. The contract value is $30,000 payment at signing; land (Outlot B; Parcel 19.671.002; 9.6 acres) valued at $483,700 transferred at no cost; infrastructure financed by City bond and Minnesota Housing Agency grant, with uncovered costs assessed to developer.

How much is the CONORTH contract with City of St. Peter worth?

The CONORTH contract with City of St. Peter is valued at $30,000 payment at signing; land (Outlot B; Parcel 19.671.002; 9.6 acres) valued at $483,700 transferred at no cost; infrastructure financed by City bond and Minnesota Housing Agency grant, with uncovered costs assessed to developer, 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 City of Saint Peter Agenda Packet 2026-08-17 (AgendaPacket), dated August 17, 2026 from City of St. Peter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CONORTH hold?

CONORTH 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 St. Peter currently buying?

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