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FINANCIAL_SERVICESPENDING

City of White Bear Lake City Council Meeting Agenda May 12 2026

City to subordinate loan with WBL Hoffman Place

City of White Bear LakeWBL HOFFMAN PLACE LLCMay 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Council will consider subordinating the City's loan and development agreements with WBL Hoffman Place, LLC. The action would adjust lien priority to facilitate the developer's financing structure.

Contract Details

Vendor

WBL HOFFMAN PLACE LLC

Agency

City of White Bear Lake, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Renewal Info

Subordination modifies existing loan and development agreements; original terms remain unless otherwise amended.

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