CONTRACTAPPROVED

Development Agreement with Tax Rebate for Minntex Expansion

City of Monticello logoCity of Monticello
Disclosed value
Not to exceed $32,500 (based on five-year declining rebate schedule)
From agenda
Approved
Feb 16, 2026
Renews
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The 30-second brief

What it covers

The City of Monticello Council approved a Development Agreement with Robert E. Johnson to construct an expansion to the Minntex/Eastern Iowa Indoor Sports Facility. The City will provide a five-year declining property tax rebate incentive estimated at $32,500. The agreement includes a minimum assessment of $350,000 on the expanded property.

Who holds it

Johnson Robert holds this contract with City of Monticello. Its other public contracts on record include work for Clarinda Community School District and Autauga County.

What happens next

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Contract details

Amount
Not to exceed $32,500 (based on five-year declining rebate schedule)
Document date
February 16, 2026
Term
5 years (Rebate: 100% yr 1, 90% yr 2, 80% yr 3, 70% yr 4, 60% yr 5) through completion of TIF incentive or until $32,500 max is reached
Renews
On record
Source document
City of Monticello Council Meeting Agenda February 2026 (Agenda)

Johnson Robert's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Monticello?

Johnson Robert was awarded this government contract by City of Monticello, as recorded on February 16, 2026. The contract value is Not to exceed $32,500 (based on five-year declining rebate schedule).

How much is the Johnson Robert contract with City of Monticello worth?

The Johnson Robert contract with City of Monticello is valued at Not to exceed $32,500 (based on five-year declining rebate schedule).

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Monticello Council Meeting Agenda February 2026 (Agenda), dated February 16, 2026 from City of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Johnson Robert hold?

Johnson Robert 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 City of Monticello currently buying?

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

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