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An independent project organizing public records from the City of Nowthen, Minnesota. Not an official city site. Documents and votes are sourced from cityofnowthen.gov; interpretations are AI-extracted and may need correction.

Home/Money/Clusters/$500,000

Cluster · other · no year

$500,000

Verified

Threshold below which the Company must repair Project Facilities without City involvement.

Not promoted to the official baseline.

This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.

Corroboration

1docs

Consensus

0%

Votes attached

0

Date range

2024-02-28 — 2024-02-28

Every document that mentions this number (1)

Meeting Special City Council Meeting — Agenda Packet (2024-02-28)Feb 28, 2024p.12raw: $500,000
PDF →Auto-extracted
Threshold below which the Company must repair Project Facilities without City involvement.
In the event that any such damage or destruction does not exceed $500,000, the Company shall forthwith repair, reconstruct and restore the Project Facilities to substantially the same or an improved condition or value as existed prior to the event causing such damage and, to the extent necessary to accomplish such repair, reconstruction and restoration, the Company will apply the net proceeds of any insurance relating to such damage received by the Company to the payment or reimbursement of the costs thereof.
Reasoning: This is a reference threshold for repair obligations.