CONTRACTAPPROVED

River Falls Housing Authority Awards Development Agreement Contract to Sterling Ponds Ii (December 2025)

River Falls Housing Authority
Disclosed value
$720,000 (land cost) + $50,000 (cash incentives)
From agenda
Approved
Dec 9, 2025
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

Sterling Ponds II, LLC development agreement approved with $770,000 incentives and construction from April 2026 to January 2027.

Who holds it

Sterling Ponds Ii holds this development agreement contract with River Falls Housing Authority. Its other public contracts on record include work for Town of River Falls.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every River Falls Housing Authority contract.

Contract details

Contract type
Development Agreement
Amount
$720,000 (land cost) + $50,000 (cash incentives)
Document date
December 9, 2025
Term
April 1, 2026 – January 31, 2027 (construction period); 10 years minimum tax payment guarantee
Renews
Free account
Source document
city_of_river_falls_common_council_agenda_december.pdf (Agenda)

Sterling Ponds Ii's other public contracts

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Questions about this contract

Who was awarded the development agreement contract by River Falls Housing Authority?

Sterling Ponds Ii was awarded this development agreement contract by River Falls Housing Authority, as recorded on December 9, 2025. The contract value is $720,000 (land cost) + $50,000 (cash incentives).

How much is the Sterling Ponds Ii contract with River Falls Housing Authority worth?

The Sterling Ponds Ii contract with River Falls Housing Authority is valued at $720,000 (land cost) + $50,000 (cash incentives), covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_river_falls_common_council_agenda_december.pdf (Agenda), dated December 9, 2025 from River Falls Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sterling Ponds Ii hold?

Sterling Ponds Ii 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 River Falls Housing Authority currently buying?

Explore River Falls Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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