Wangard Riverlife South Agreement Fails on Tie Vote
City of WausauCity · Wausau, WI- Disclosed value
- $100,000 property purchase; anticipated project cost $36.1 million; minimum contracted development cost approximately $30.7 million; pay-as-you-go incentive up to $4.84 million; maximum potential repayment of $8.35 million
- From minutes
- Document date
- Sep 1, 2026
The 30-second brief
The Economic Development Committee rejected the proposed development agreement with Wangard after a 2-2 vote. The agreement would have supported the Riverlife South redevelopment with a $100,000 property purchase, a project cost of approximately $36.1 million, and up to $4.84 million in pay-as-you-go financing.
WANGARD holds this contract with City of Wausau. Its other public contracts on record include work for City of Chippewa Falls and City of Franklin.
Term as filed: Maximum 17 years for pay-as-you-go financing.
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Contract details
- Amount
- $100,000 property purchase; anticipated project cost $36.1 million; minimum contracted development cost approximately $30.7 million; pay-as-you-go incentive up to $4.84 million; maximum potential repayment of $8.35 million
- Document date
- September 1, 2026
- Term
- Maximum 17 years for pay-as-you-go financing
- Vendor
- WANGARD
- Agency
- City of Wausau
- Source document
- City of Wausau Minutes Economic Development Committee Meeting 2026-09-01 (Minutes)
WANGARD's other public contracts
More City of Wausau contracts
Questions about this contract
Who was awarded the government contract by City of Wausau?
WANGARD was awarded this government contract by City of Wausau, as recorded on September 1, 2026. The contract value is $100,000 property purchase; anticipated project cost $36.1 million; minimum contracted development cost approximately $30.7 million; pay-as-you-go incentive up to $4.84 million; maximum potential repayment of $8.35 million.
How much is the WANGARD contract with City of Wausau worth?
The WANGARD contract with City of Wausau is valued at $100,000 property purchase; anticipated project cost $36.1 million; minimum contracted development cost approximately $30.7 million; pay-as-you-go incentive up to $4.84 million; maximum potential repayment of $8.35 million.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Wausau Minutes Economic Development Committee Meeting 2026-09-01 (Minutes), dated September 1, 2026 from City of Wausau. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does WANGARD hold?
WANGARD 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 Wausau currently buying?
Explore City of Wausau's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.