CONTRACTPENDING

City of New Ulm plans $675K, 15-year Rec Center naming deal

City of New Ulm
Disclosed value
$45,000 per year (total $675,000 over 15 years)
From agreement
Document date
Jan 1, 2026
Renews
Free account

The 30-second brief

What it covers

The City of New Ulm is considering approval of a naming rights agreement with SouthPoint Financial Credit Union for the New Ulm Recreation Center. The proposed contract spans 15 years and provides $45,000 annually in sponsorship, with SouthPoint gaining exclusive facility naming and branding rights. Additional benefits include signage, on-site activations, and a facility membership discount program for SouthPoint members.

Who holds it

Southpoint Financial Credit Union holds this contract with City of New Ulm. Its other public contracts on record include work for Carver Soil And Water Conservation District.

What happens next

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Contract details

Amount
$45,000 per year (total $675,000 over 15 years)
Document date
January 1, 2026
Term
15 years, starting January 1, 2026 and ending December 31, 2040 or 2041
Renews
On record
Source document
city_of_new_ulm_southpoint_financial_credit_union.pdf (Agreement)

Southpoint Financial Credit Union's other public contracts

More City of New Ulm contracts

Questions about this contract

Who was awarded the government contract by City of New Ulm?

Southpoint Financial Credit Union was awarded this government contract by City of New Ulm, as recorded on January 1, 2026. The contract value is $45,000 per year (total $675,000 over 15 years).

How much is the Southpoint Financial Credit Union contract with City of New Ulm worth?

The Southpoint Financial Credit Union contract with City of New Ulm is valued at $45,000 per year (total $675,000 over 15 years).

What type of contract is this?

This is a government contract, documented as a agreement record.

Where was this contract approved?

This contract appears in city_of_new_ulm_southpoint_financial_credit_union.pdf (Agreement), dated January 1, 2026 from City of New Ulm. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Southpoint Financial Credit Union hold?

Southpoint Financial Credit Union 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 New Ulm currently buying?

Explore City of New Ulm's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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