CONTRACTPENDING

MICC Receives Support for Mixed-Use Development Project

Richfield Hra logoRichfield Hra
Disclosed value
$817,032
From agenda
Document date
Jul 12, 2022
Term
26 years

The 30-second brief

What it covers

Resolution supporting tax credit application for mixed-use development by Minnesota Independence College and Community. The project is expected to generate approximately $817,032 in TIF over 26 years.

Who holds it

Minnesota Independence College holds this tax increment financing contract with Richfield Hra. Its other public contracts on record include work for Town of Round Grove and City of Richville.

What happens next

Term as filed: 26 years.

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Contract details

Contract type
Tax Increment Financing
Amount
$817,032
Document date
July 12, 2022
Term
26 years
Source document
richfield-hra-agenda-2022-07-12_cc1.pdf (Agenda)

Minnesota Independence College's other public contracts

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Questions about this contract

Who was awarded the tax increment financing contract by Richfield Hra?

Minnesota Independence College was awarded this tax increment financing contract by Richfield Hra, as recorded on July 12, 2022. The contract value is $817,032.

How much is the Minnesota Independence College contract with Richfield Hra worth?

The Minnesota Independence College contract with Richfield Hra is valued at $817,032, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in richfield-hra-agenda-2022-07-12_cc1.pdf (Agenda), dated July 12, 2022 from Richfield Hra. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Minnesota Independence College hold?

Minnesota Independence College 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 Richfield Hra currently buying?

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

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