Redevelopment Agreement with Sherman Associates Amended
- Disclosed value
- $600,000 Authority Loan; Phase 2 TIF note principal set at $16,750 per unit
- From agendapacket
- Document date
- Nov 3, 2026
The 30-second brief
Fridley’s Housing and Redevelopment Authority previously contracted with Sherman Associates Development LLC for redevelopment of the Aura and Altair apartment projects. Amendments revised Phase 2 financing, including a $600,000 Authority Loan and TIF note terms.
Sherman Associates Development LLC holds this construction contract with Housing And Redevelopment Authority. Its other public contracts on record include work for Anoka County and City of Rochester.
Term as filed: Original redevelopment contract dated April 4, 2019; amended through December 3, 2020.
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Contract details
- Contract type
- Construction
- Amount
- $600,000 Authority Loan; Phase 2 TIF note principal set at $16,750 per unit
- Document date
- November 3, 2026
- Term
- Original redevelopment contract dated April 4, 2019; amended through December 3, 2020
- Source document
- Fridley Housing and Redevelopment Authority Agenda Packet 2026-11-05 (AgendaPacket)
Sherman Associates Development LLC's other public contracts
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Questions about this contract
Who was awarded the construction contract by Housing And Redevelopment Authority?
Sherman Associates Development LLC was awarded this construction contract by Housing And Redevelopment Authority, as recorded on November 3, 2026. The contract value is $600,000 Authority Loan; Phase 2 TIF note principal set at $16,750 per unit.
How much is the Sherman Associates Development LLC contract with Housing And Redevelopment Authority worth?
The Sherman Associates Development LLC contract with Housing And Redevelopment Authority is valued at $600,000 Authority Loan; Phase 2 TIF note principal set at $16,750 per unit, covering construction work.
What type of contract is this?
This is a Construction 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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What other contracts does Sherman Associates Development LLC hold?
Sherman Associates Development LLC 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 Housing And Redevelopment Authority currently buying?
Explore Housing And Redevelopment Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.