BR3 Development grant and rebate appropriated
City of MonticelloCity · Monticello, IA- Disclosed value
- $76,174 actual combined grant and rebate for FY25; estimated $76,174 for FY26 (grant $20,000 + rebate $56,174)
- From agendapacket
- Approved
- Nov 18, 2024
- Renews
- Free account
The 30-second brief
Monticello approved appropriations for BR3 Development LLC, revising the FY25 grant and rebate total to $76,174 and budgeting an identical $76,174 for FY26, consisting of a $20,000 fifth grant payment and an estimated $56,174 third-year tax rebate. The development agreement provides property tax rebates through FY38 and grant payments through FY27.
Br3 Development LLC holds this contract with City of Monticello. Its other public contracts on record include work for Monticello Police Department.
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Contract details
- Amount
- $76,174 actual combined grant and rebate for FY25; estimated $76,174 for FY26 (grant $20,000 + rebate $56,174)
- Document date
- November 18, 2024
- Term
- Development Agreement dated March 1, 2021; grant and rebate program with final property tax rebate in FY38 and final grant in FY27
- Renews
- On record
- Vendor
- Br3 Development LLC
- Agency
- City of Monticello
- Source document
- City of Monticello Agenda Packet 2024-11-18 (AgendaPacket)
Br3 Development LLC's other public contracts
More City of Monticello contracts
Questions about this contract
Who was awarded the government contract by City of Monticello?
Br3 Development LLC was awarded this government contract by City of Monticello, as recorded on November 18, 2024. The contract value is $76,174 actual combined grant and rebate for FY25; estimated $76,174 for FY26 (grant $20,000 + rebate $56,174).
How much is the Br3 Development LLC contract with City of Monticello worth?
The Br3 Development LLC contract with City of Monticello is valued at $76,174 actual combined grant and rebate for FY25; estimated $76,174 for FY26 (grant $20,000 + rebate $56,174).
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 Agenda Packet 2024-11-18 (AgendaPacket), dated November 18, 2024 from City of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Br3 Development LLC hold?
Br3 Development 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.
What is City of Monticello currently buying?
Explore City of Monticello's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.