CONTRACTAPPROVED

City of Maple Grove Awards $479,000 Tax Increment Revenue Note Contract to Arbor Lakes Industrial Owner (September 2025)

City of Maple Grove logoCity of Maple Grove
Disclosed value
$479,000.00
From agenda
Approved
Sep 15, 2025
Term
March 20, 2023

The 30-second brief

What it covers

Arbor Lakes 2 Industrial Owner, LLC secured a $479,000 tax increment revenue note for Building 6 construction, assigned to First National Bank of Omaha. The agreement involves Arbor Lakes 2 Industrial Owner, Maple Grove Economic Development Authority and First National Bank of Omaha.

Who holds it

Arbor Lakes Industrial Owner holds this tax increment revenue note contract with City of Maple Grove.

What happens next

Term as filed: March 20, 2023.

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Contract details

Contract type
Tax Increment Revenue Note
Amount
$479,000.00
Document date
September 15, 2025
Term
March 20, 2023
Source document
maple_grove_economic_development_authority_regular.pdf (Agenda)

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Questions about this contract

Who was awarded the tax increment revenue note contract by City of Maple Grove?

Arbor Lakes Industrial Owner was awarded this tax increment revenue note contract by City of Maple Grove, as recorded on September 15, 2025. The contract value is $479,000.00.

How much is the Arbor Lakes Industrial Owner contract with City of Maple Grove worth?

The Arbor Lakes Industrial Owner contract with City of Maple Grove is valued at $479,000.00, covering tax increment revenue note work.

What type of contract is this?

This is a Tax Increment Revenue Note contract, documented as a agenda record.

Where was this contract approved?

This contract appears in maple_grove_economic_development_authority_regular.pdf (Agenda), dated September 15, 2025 from City of Maple Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Arbor Lakes Industrial Owner hold?

Arbor Lakes Industrial Owner 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 Maple Grove currently buying?

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

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