CONTRACTAPPROVED

Aura Apartments TIF Assignment Approved for Bel Aura

Housing And Redevelopment Authority logoHousing And Redevelopment Authority
Disclosed value
$3,204,650 original principal amount of assigned TIF Note
From agendapacket
Approved
Nov 3, 2026

The 30-second brief

What it covers

Fridley’s Housing and Redevelopment Authority approved consent to assign the Aura Apartments redevelopment contract and TIF Note to Bel Aura LLC. The assigned note had an original principal amount of $3,204,650.

Who holds it

Bel Aura LLC holds this contract with Housing And Redevelopment Authority.

What happens next

Term as filed: Effective date blank in the 2026 Partial Assignment and Assumption agreement.

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Contract details

Amount
$3,204,650 original principal amount of assigned TIF Note
Document date
November 3, 2026
Term
Effective date blank in the 2026 Partial Assignment and Assumption agreement
Vendor
Bel Aura LLC
Source document
Fridley Housing and Redevelopment Authority Agenda Packet 2026-11-05 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by Housing And Redevelopment Authority?

Bel Aura LLC was awarded this government contract by Housing And Redevelopment Authority, as recorded on November 3, 2026. The contract value is $3,204,650 original principal amount of assigned TIF Note.

How much is the Bel Aura LLC contract with Housing And Redevelopment Authority worth?

The Bel Aura LLC contract with Housing And Redevelopment Authority is valued at $3,204,650 original principal amount of assigned TIF Note.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Fridley Housing and Redevelopment Authority Agenda Packet 2026-11-05 (AgendaPacket), dated November 3, 2026 from Housing And Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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