Preliminary Approval for Roseville Seniors Conduit Bond Issue
Town of RosevilleCity · MN- Disclosed value
- Not to exceed $23,750,000 (bond principal); City admin fee approx. $90,000
- From agenda
- Document date
- May 4, 2026
- Renews
- Free account
The 30-second brief
The City of Roseville moved to grant preliminary approval for conduit multifamily housing revenue bonds on behalf of Standard Roseville Venture LP to acquire and rehabilitate the 127-unit Roseville Seniors complex. The bonds, with a potential principal up to $23.75 million, will preserve 100% Section 8 senior housing for at least 30 years while generating approximately $90,000 in administrative fees for the City.
Standard Roseville Venture LP holds this financial services contract with Town of Roseville. Its other public contracts on record include work for Roseville Police Department.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $23,750,000 (bond principal); City admin fee approx. $90,000
- Document date
- May 4, 2026
- Term
- Housing affordability preserved for at least 30 years; bond allocation application due June 29, 2026
- Renews
- On record
- Agency
- Town of Roseville
- Source document
- City of Roseville City Council Agenda May 4, 2026 (Agenda)
Standard Roseville Venture LP's other public contracts
More Town of Roseville contracts
Questions about this contract
Who was awarded the financial services contract by Town of Roseville?
Standard Roseville Venture LP was awarded this financial services contract by Town of Roseville, as recorded on May 4, 2026. The contract value is Not to exceed $23,750,000 (bond principal); City admin fee approx. $90,000.
How much is the Standard Roseville Venture LP contract with Town of Roseville worth?
The Standard Roseville Venture LP contract with Town of Roseville is valued at Not to exceed $23,750,000 (bond principal); City admin fee approx. $90,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Roseville City Council Agenda May 4, 2026 (Agenda), dated May 4, 2026 from Town of Roseville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Standard Roseville Venture LP hold?
Standard Roseville Venture LP 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 Town of Roseville currently buying?
Explore Town of Roseville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.