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city-of-verona-agenda-2025-07-15_230.pdf

Verona to help ICE Inc. with $50,000 grant

$50,000City of VeronaICEJuly 15, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

City is committed to providing ICE Inc. with $50,000 on an annual basis for ten years, with the final payment scheduled for 2032. ICE Inc. will be taking out a new loan starting in 2028, and Verona to use room tax funds to cover the interest payments from 2028 through 2032.

Contract Details

Contract Amount

$50,000

Vendor

ICE

Agency

City of Verona, ND

Contract Type

Grant

Document Date

July 15, 2025

Contract Term

10 years

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