City Completes Land Swap Agreement With Cemstone

The City of Owatonna finalized a land swap with Cemstone, exchanging the existing Cemstone site for 14 acres in the industrial park with TIF assistance. Cemstone has five years to complete its new facility, which is largely constructed, allowing the City to plan redevelopment of the vacated North Street site.

Document date · July 15, 2026

Track Town of Owatonna contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Town of Owatonna.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

5 years to build new facility

Renewal

Land swap agreement includes a five-year window for Cemstone to construct a new facility on the industrial park site.

Document type

AgendaPacket

Source document

City of Owatonna Economic Development Authority Agenda Packet 2026-07-15

Related contracts

Other contracts from CEMSTONE.

View all →

City of Owatonna AgendaPacket Economic Development Authority Meeting 2026-09-16

ONGOING

City of Owatonna, MinnesotaSep 16, 2026

Pocahontas County Minutes Board of Supervisors Meeting 2026-08-25

APPROVED

Pocahontas County, Iowa$880.00Aug 25, 2026

City of West Point Minutes 2026-08-04

APPROVED

City of West Point, Nebraska$853.00Aug 4, 2026

City of Oakland Regular City Council Meeting Minutes 2026-07-20

APPROVED

Town of Oakland, Nebraska$356.04Jul 20, 2026

Village of Pender Village Board Minutes 2026-07-13

APPROVED

Town of Pender, NebraskaJul 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Owatonna?

CEMSTONE was awarded this facilities contract by Town of Owatonna, as recorded on July 15, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Owatonna Economic Development Authority Agenda Packet 2026-07-15 (AgendaPacket), dated July 15, 2026 from Town of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CEMSTONE hold?

CEMSTONE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View CEMSTONE's profile

What is Town of Owatonna currently buying?

Explore Town of Owatonna's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Owatonna's profile