City of Jordan Awards $3,036,890 Tax Increment Financing Contract to Bgo Idp (October 2025)
City of JordanCity · Jordan, MN- Disclosed value
- $3,036,890
- From resolution
- Approved
- Oct 13, 2025
- Term
- 7 years
The 30-second brief
City of Jordan approves TIF assistance agreement with BGO-IDP 190th Street W Cold Storage Owner LLC, providing tax increment financing up to $3,036,890 for the cold storage facility project. The TIF note will be paid on a pay-as-you-go basis from pledged tax increments.
Bgo Idp holds this tax increment financing contract with City of Jordan.
Term as filed: 7 years.
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Contract details
- Contract type
- Tax Increment Financing
- Amount
- $3,036,890
- Document date
- October 13, 2025
- Term
- 7 years
- Vendor
- Bgo Idp
- Agency
- City of Jordan
- Source document
- city-of-jordan-resolution-10-65-2025-and-10-66-2025_d04.pdf (Resolution)
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Questions about this contract
Who was awarded the tax increment financing contract by City of Jordan?
Bgo Idp was awarded this tax increment financing contract by City of Jordan, as recorded on October 13, 2025. The contract value is $3,036,890.
How much is the Bgo Idp contract with City of Jordan worth?
The Bgo Idp contract with City of Jordan is valued at $3,036,890, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-jordan-resolution-10-65-2025-and-10-66-2025_d04.pdf (Resolution), dated October 13, 2025 from City of Jordan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bgo Idp hold?
Bgo Idp 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 Jordan currently buying?
Explore City of Jordan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.