City of Victoria Council Meeting Minutes February 2026
Victoria Council Approves Downtown West Agreements with VDW Land LLC
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Description
City of Victoria entered into multiple agreements with VDW Land, LLC for the Downtown West project, including land sale at below market rate and reimbursement for public infrastructure, with additional leasing and reacquisition terms. All agreements were unanimously approved.
Contract Details
Vendor
VDW LAND LLC
Agency
City of Victoria, MN
Contract Type
OTHER
Document Date
February 9, 2026
Renewal Info
Agreements include ten-year commercial leasing caps and City reacquisition rights; land transaction terms and reimbursement structures set by agreement.
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