Kinetic Technologies receives commitment for forgivable loan
City of AlgonaCity · Algona, IA- Disclosed value
- $200,000
- From minutes
- Document date
- Mar 17, 2025
The 30-second brief
City Council approved to issue a letter of commitment for a proposed development agreement with Kinetic Technologies, including a $200,000 forgivable loan.
Kinetic Technologies holds this loan contract with City of Algona.
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Contract details
- Contract type
- Loan
- Amount
- $200,000
- Document date
- March 17, 2025
- Term
- NA
- Vendor
- Kinetic Technologies
- Agency
- City of Algona
- Source document
- city-of-algona-council-meeting-minutes-march-17-2025_47c.pdf (Minutes)
Kinetic Technologies's other public contracts
More City of Algona contracts
Questions about this contract
Who was awarded the loan contract by City of Algona?
Kinetic Technologies was awarded this loan contract by City of Algona, as recorded on March 17, 2025. The contract value is $200,000.
How much is the Kinetic Technologies contract with City of Algona worth?
The Kinetic Technologies contract with City of Algona is valued at $200,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-algona-council-meeting-minutes-march-17-2025_47c.pdf (Minutes), dated March 17, 2025 from City of Algona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Kinetic Technologies hold?
Kinetic Technologies 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 Algona currently buying?
Explore City of Algona's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.