Faribault Housing & Redevelopment Authority Meeting Agenda April 2026
Robinwood Sale Included $1.77M Reserve Transfer
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Description
In connection with the earlier sale of Robinwood Manor, the HRA transferred $1.77 million in reserves to Three Rivers Community Action to support ongoing operations. This financial arrangement is referenced in the 2026 internal repayment resolution.
Contract Details
Contract Amount
$1,770,000 (Robinwood reserves referenced)
Vendor
THREE RIVERS COMMUNITY ACTION
Agency
City of Faribault, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
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