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CONSTRUCTIONAMENDED

City of Monticello AgendaPacket City Council Meeting 2026-06-08

Deadline Extension Approved for Heath Properties Redevelopment Grant

Not to exceed $10,000 (50% of $684,723 approved project costs)Town of MonticelloHEATH PROPERTIES LLCJune 8, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

City Council amended the redevelopment agreement with Heath Properties LLC, extending the project deadline to November 30, 2026, for improvements at 1056 S. Market Street, maintaining the grant not to exceed $10,000.

Contract Details

Contract Amount

Not to exceed $10,000 (50% of $684,723 approved project costs)

Vendor

HEATH PROPERTIES LLC

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 changed; other grant terms, including $10,000 not-to-exceed, unchanged. New completion date is November 30, 2026.

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