City of Maple Grove Awards Financial Services Contract to Arbor Industrial Park Owner Vi Llc (August 2026)

The Maple Grove Economic Development Authority authorized Arbor Industrial Park Owner VI, LLC to assume the Development Agreement and amended $239,500 TIF note for Arbor Lakes Building 6. This assignment supports transfer of ownership while preserving the project’s tax increment financing structure.

Scope & details

The full contract record, as filed.

Contract amount

$239,500 amended TIF Note principal

Contract type

FINANCIAL_SERVICES

Renewal date

2027-02-01

Renewal

Assignee takes over the amended TIF Note projected to be paid in full by February 1, 2027, subject to potential adjustments related to minimum assessment agreements and tax petitions.

Document type

AgendaPacket

Source document

Maple Grove Economic Development Authority AgendaPacket Regular Meeting 2026-08-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Maple Grove?

Arbor Industrial Park Owner Vi Llc was awarded this financial services contract by City of Maple Grove, as recorded on August 3, 2026. The contract value is $239,500 amended TIF Note principal.

How much is the Arbor Industrial Park Owner Vi Llc contract with City of Maple Grove worth?

The Arbor Industrial Park Owner Vi Llc contract with City of Maple Grove is valued at $239,500 amended TIF Note principal, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Maple Grove Economic Development Authority AgendaPacket Regular Meeting 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Maple Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arbor Industrial Park Owner Vi Llc hold?

Arbor Industrial Park Owner Vi Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Arbor Industrial Park Owner Vi Llc's profile

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