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City of Excelsior Purchasing Property for $3.75 Million

City of Excelsior
Disclosed value
$3,750,000.00
From contract
Document date
Jan 1, 2025
Term
2025

The 30-second brief

What it covers

The City of Excelsior is purchasing real property from ERN Properties, LLC for $3,750,000. The purchase agreement includes land and improvements located at 261 School Avenue, Excelsior, MN. The due diligence period extends 120 days post the effective date, with a financing contingency period of 60 days following that.

Who holds it

Ern Properties holds this purchase contract with City of Excelsior. Its other public contracts on record include work for Town of Excelsior.

What happens next

Term as filed: 2025.

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Contract details

Contract type
Purchase
Amount
$3,750,000.00
Document date
January 1, 2025
Term
2025
Vendor
Ern Properties
Agency
City of Excelsior
Source document
city-of-excelsior-purchase-agreement_ad5.pdf (Contract)

Ern Properties's other public contracts

Town of Excelsior, North DakotaExcelsior approves property purchase agreement with ERN Properties · Sep 2, 2025UndisclosedCity of Excelsior, MinnesotaCity of Excelsior approves property purchase agreement with ERN Properties, LLC · Sep 2, 2025UndisclosedTown of Excelsior, North DakotaCity of Excelsior Purchasing Real Property for $3.75M · Jan 1, 2025$3.8MAll Ern Properties contractsVendor profile

More City of Excelsior contracts

Apadana LLCApadana LLC Bid Submitted for City Hall Remodel · Oct 19, 2026$1.6MMccarthy Well CompanyWell Rehabilitation Contract Recommended for McCarthy Well · Oct 19, 2026Jorgenson ConstructionJorgenson Construction Bid Submitted for City Hall · Oct 19, 2026$1.5ME.H. Renner & Sons IncE.H. Renner Submits Well Rehabilitation Estimate · Oct 19, 2026$67.5KProject One ConstructionCity Hall Remodeling Contract Awarded to Project One · Oct 19, 2026$1.3MAll City of Excelsior activityAgency profile

Questions about this contract

Who was awarded the purchase contract by City of Excelsior?

Ern Properties was awarded this purchase contract by City of Excelsior, as recorded on January 1, 2025. The contract value is $3,750,000.00.

How much is the Ern Properties contract with City of Excelsior worth?

The Ern Properties contract with City of Excelsior is valued at $3,750,000.00, covering purchase work.

What type of contract is this?

This is a Purchase contract, documented as a contract record.

Where was this contract approved?

This contract appears in city-of-excelsior-purchase-agreement_ad5.pdf (Contract), dated January 1, 2025 from City of Excelsior. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ern Properties hold?

Ern Properties 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 Excelsior currently buying?

Explore City of Excelsior's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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