City of Verona Common Council Agenda Packet May 11, 2026
Verona Plans Infrastructure Agreement With Aldi For New Store
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Description
The City of Verona is considering a development agreement with Aldi Inc. (Wisconsin) requiring the grocer to design, construct, and fund all public infrastructure serving its Liberty Business Park site. Aldi would complete roadway, utility, and stormwater improvements within about 18 months, secured by a letter of credit, while reimbursing the City’s project-related costs.
Contract Details
Vendor
ALDI INC (WISCONSIN)
Agency
City of Verona, WI
Contract Type
FACILITIES
Document Date
May 11, 2026
Contract Term
Public improvements generally to be completed within 18 months of agreement execution
Renewal Info
Agreement includes standard completion deadlines and security via letter of credit; no recurring renewal but City may complete unfinished work and assess costs if Aldi defaults.
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City of Verona Common Council Agenda Packet May 11, 2026
City of Verona Common Council Agenda Packet May 11, 2026
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