Monticello Approves BMR Veterinary Clinic Development Agreement

Monticello approved a development agreement with BMR Investments LLC for a veterinary clinic development. The agreement provides up to $450,000 in tax increment rebates over approximately 10 years, with payments beginning December 1, 2027.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Tax rebate payments capped at $450,000; minimum assessed valuation of $1,400,000

Contract type

OTHER

Contract term

Approximately 10 years; 20 semi-annual payments beginning December 1, 2027

Renewal date

2037-06-01

Renewal

Agreement ends after the anticipated 20 semi-annual payments or earlier when total payments reach $450,000. Amendments, assignments, or transfers require prior written consent, except assignment of payment rights to a private lender as security.

Document type

AgendaPacket

Source document

City of Monticello AgendaPacket City Council Meeting 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Monticello?

Bmr Investments Llc was awarded this government contract by City of Monticello, as recorded on October 4, 2026. The contract value is Tax rebate payments capped at $450,000; minimum assessed valuation of $1,400,000.

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

The Bmr Investments Llc contract with City of Monticello is valued at Tax rebate payments capped at $450,000; minimum assessed valuation of $1,400,000.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Monticello AgendaPacket City Council Meeting 2026-10-05 (AgendaPacket), dated October 4, 2026 from City of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bmr Investments Llc hold?

Bmr Investments 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 Investments Llc's 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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