City Approves Incentive Deal With Manternach Custom Creations
City of MonticelloCity · Monticello, IA- Disclosed value
- Not to exceed $55,000 over a 10-year period
- From agendapacket
- Approved
- Sep 19, 2022
- Term
- 10 years
The 30-second brief
Monticello approved a Development Agreement with Derek Manternach dba Manternach Custom Creations, offering up to $55,000 in tax increment rebates over ten years. The incentive supports construction of a 4,000-square-foot cabinetry and furniture manufacturing facility.
Manternach Custom Creations holds this contract with City of Monticello. Its other public contracts on record include work for Monticello Police Department.
Term as filed: 10 years.
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Contract details
- Amount
- Not to exceed $55,000 over a 10-year period
- Document date
- September 19, 2022
- Term
- 10 years
- Agency
- City of Monticello
- Source document
- City of Monticello Agenda Packet 2022-09-19 (AgendaPacket)
Manternach Custom Creations's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Monticello?
Manternach Custom Creations was awarded this government contract by City of Monticello, as recorded on September 19, 2022. The contract value is Not to exceed $55,000 over a 10-year period.
How much is the Manternach Custom Creations contract with City of Monticello worth?
The Manternach Custom Creations contract with City of Monticello is valued at Not to exceed $55,000 over a 10-year period.
What type of contract is this?
This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Monticello Agenda Packet 2022-09-19 (AgendaPacket), dated September 19, 2022 from City of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Manternach Custom Creations hold?
Manternach Custom Creations 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.