Development Agreement with Tax Rebate for Minntex Expansion
- Disclosed value
- Not to exceed $32,500 (based on five-year declining rebate schedule)
- From agenda
- Approved
- Feb 16, 2026
- Renews
- Free account
The 30-second brief
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.
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.
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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
- Vendor
- Johnson Robert
- Agency
- City of Monticello
- Source document
- City of Monticello Council Meeting Agenda February 2026 (Agenda)
Johnson Robert's other public contracts
More City of Monticello contracts
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.