City of Monticello AgendaPacket City Council Meeting 2026-06-08
Redevelopment Agreement Extension for Caliber Investments Approved
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Description
The City of Monticello amended its redevelopment agreement with Caliber Investments, extending the deadline to November 30, 2026, for completion of improvements at 1408 N. Market Street, with a grant not to exceed $10,000 (50% of project cost).
Contract Details
Contract Amount
Not to exceed $10,000 (50% of $86,605 approved project costs)
Vendor
CALIBER INVESTMENTS
Agency
Town of Monticello, IL
Contract Type
CONSTRUCTION
Document Date
June 8, 2026
Contract Term
Deadline extended to November 30, 2026
Renewal Date
2026-11-30
Renewal Info
Deadline extended; all other terms remain as original except completion date revised to November 30, 2026.
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