CONTRACTAPPROVED

Houston County Awards $52,000 Loan Contract to Green Terrace Properties (April 2024)

Disclosed value: $52,000; From meeting minutes
Approved: Apr 16, 2024
Term: 10 years

What it covers

The Houston County EDA has approved a $52,000 loan to Green Terrace Properties LLC, owned by Ryan Ruberg. The loan, originating from the EDA revolving loan fund, is intended for the purchase of the Sawmill Inn in Houston, MN, and carries a 3.5% interest rate over a ten-year term.

Who holds it

Green Terrace Properties holds this loan contract with Houston County. Its other public contracts on record include work for City of Rushford and Town of Fillmore.

What happens next

Term as filed: 10 years.

See who signed off on this $52K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type: Loan
Amount: $52,000
Document date: April 16, 2024
Term: 10 years
Vendor: Green Terrace Properties
Agency: Houston County
Source document: houston-county-meeting-minutes-2024-04-16_b19.pdf (Meeting Minutes)

Green Terrace Properties's other public contracts

City of Rushford, MinnesotaGreen Terrace solar project aids utility upgrades · May 27, 2025Undisclosed Town of Fillmore, MinnesotaGreen Terrace Properties Assessment Approved · Mar 25, 2025$97.5K Town of Sumner, MinnesotaGreen Terrace Properties Approved for PACE assessment · Mar 25, 2025$97.5K Fillmore Central, MinnesotaPACE assessment approved for Green Terrace Properties · Mar 25, 2025$97.5K Houston County, Minnesotahouston-county-agenda-2024-04-16_694.pdf · Apr 16, 2024$52K All Green Terrace Properties contractsVendor profile

More Houston County contracts

Winona ControlsCounty to Weigh Boiler Replacement Quote at Woodland · May 19, 2026 Hokah Co-op Oil AssociationPayment to Hokah Co-op Oil for fuel supplies · May 5, 2026$7.7K Mn Ui-pfmlCounty remits payment to MN UI-PFML · May 5, 2026$36.1K Fastenal CompanyFastenal supply payment approved by board · May 5, 2026$2.4K MNCCCAdditional MNCCC technology services payment approved · May 5, 2026$11.9K All Houston County activityAgency profile

Questions about this contract

Who was awarded the loan contract by Houston County?

Green Terrace Properties was awarded this loan contract by Houston County, as recorded on April 16, 2024. The contract value is $52,000.

How much is the Green Terrace Properties contract with Houston County worth?

The Green Terrace Properties contract with Houston County is valued at $52,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in houston-county-meeting-minutes-2024-04-16_b19.pdf (Meeting Minutes), dated April 16, 2024 from Houston County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Green Terrace Properties hold?

Green Terrace Properties 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 Houston County currently buying?

Explore Houston County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More Houston County contracts →Browse all agencies in Minnesota →