CONTRACTAPPROVED

Town of Paynesville Awards Financial Services Contract to Nelsa Properties (August 2026)

Town of Paynesville
Disclosed value
Not to exceed $395,798
From agendapacket
Approved
Aug 10, 2026

The 30-second brief

What it covers

The City of Paynesville plans to approve a Certificate of Completion and issue a Taxable Tax Increment Revenue Note to Nelsa Properties for TIF 1-17, in a principal amount not to exceed $395,798. Resolution 2026-22 formalizes the financing for the completed development project.

Who holds it

Nelsa Properties holds this financial services contract with Town of Paynesville. Its other public contracts on record include work for Paynesville village and City of Paynesville.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $395,798
Document date
August 10, 2026
Source document
City of Paynesville AgendaPacket City Council Meeting 2026-08-10 (AgendaPacket)

Nelsa Properties's other public contracts

More Town of Paynesville contracts

Questions about this contract

Who was awarded the financial services contract by Town of Paynesville?

Nelsa Properties was awarded this financial services contract by Town of Paynesville, as recorded on August 10, 2026. The contract value is Not to exceed $395,798.

How much is the Nelsa Properties contract with Town of Paynesville worth?

The Nelsa Properties contract with Town of Paynesville is valued at Not to exceed $395,798, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Paynesville AgendaPacket City Council Meeting 2026-08-10 (AgendaPacket), dated August 10, 2026 from Town of Paynesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nelsa Properties hold?

Nelsa Properties 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 Town of Paynesville currently buying?

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

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