BMR Investment Development Agreement Set for Hearing

Monticello scheduled a public hearing on a proposed development agreement with BMR Investment LLC for a veterinary clinic project. The agreement would provide tax rebate incentives for up to 10 years and cannot exceed $450,000.

Document date · September 8, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $450,000

Contract type

OTHER

Contract term

10 years

Renewal date

2027-12-01

Renewal

Agreement may not be amended, assigned, assumed, sold, or transferred without prior written consent, except the owner's rights to receive payments may be assigned to a private lender as security. Rebate payments begin December 1, 2027 and continue semi-annually until the maximum payment total is reached or the 20 semi-annual payments are completed.

Document type

Agenda

Source document

City of Monticello Agenda 2026-09-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Monticello?

Bmr Investment Llc was awarded this government contract by City of Monticello, as recorded on September 8, 2026. The contract value is Not to exceed $450,000.

How much is the Bmr Investment Llc contract with City of Monticello worth?

The Bmr Investment Llc contract with City of Monticello is valued at Not to exceed $450,000.

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 Agenda 2026-09-08 (Agenda), dated September 8, 2026 from City of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bmr Investment Llc hold?

Bmr Investment Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bmr Investment Llc's profile

What is City of Monticello currently buying?

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