Victoria Approves $3.458 Million TIF Housing Contract | City of Victoria | VICTORIA SOUTH APARTMENTS LLC

Scope & details

The full contract record, as filed.

Contract amount

$3,458,000

Contract type

OTHER

Contract term

Developer to commence construction by October 31, 2026; substantial completion by May 31, 2028; final payment date no later than February 1, 2043

Renewal date

2043-02-01

Renewal

The agreement is not described as renewable. It terminates upon the earliest of TIF District termination, payment or termination of the note, or other specified termination events; the final payment date is February 1, 2043.

Document type

AgendaPacket

Source document

City of Victoria AgendaPacket Regular Council Meeting 2026-09-14

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City of Victoria AgendaPacket Regular Council Meeting 2026-09-14

AMENDED

City of Victoria, MinnesotaSep 14, 2026

city_of_victoria_regular_council_meeting_agenda_ju.pdf

APPROVED

City of Victoria, MinnesotaJun 9, 2025

city_of_victoria_regular_council_meeting_agenda_ju.pdf

APPROVED

City of Victoria, MinnesotaJun 9, 2025

city_of_victoria_regular_council_meeting_minutes_m.pdf

APPROVED

City of Victoria, MinnesotaMay 27, 2025

city_of_victoria_regular_council_meeting_agenda_ma.pdf

APPROVED

City of Victoria, MinnesotaMay 27, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Victoria?

Victoria South Apartments Llc was awarded this government contract by City of Victoria, as recorded on September 14, 2026. The contract value is $3,458,000.

How much is the Victoria South Apartments Llc contract with City of Victoria worth?

The Victoria South Apartments Llc contract with City of Victoria is valued at $3,458,000.

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 City of Victoria AgendaPacket Regular Council Meeting 2026-09-14 (AgendaPacket), dated September 14, 2026 from City of Victoria. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Victoria South Apartments Llc hold?

Victoria South Apartments 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.

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