City of Monticello Agenda Packet 2026-06-01
Monticello Secures Interim Lease of DOT Property
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Description
City of Monticello approved a mutual-benefit lease with the Iowa Department of Transportation to use Parcel 2006-10 on 190th Street for recreational purposes. Lease is rent-free until property sale is finalized; up to $22,000 previously approved for purchase.
Contract Details
Contract Amount
$0 (mutual benefit lease); pending $22,000 property sale
Vendor
IOWA DEPARTMENT OF TRANSPORTATION
Agency
City of Monticello, IA
Contract Type
OTHER
Document Date
June 1, 2026
Contract Term
Lease: 2026-05-20 through 2026-08-20, or until sale finalized (approx. 3 months)
Renewal Date
2026-08-20
Renewal Info
Short-term lease until title transfer; after patent process, property will be owned by City.
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