Monticello City Council Regular Meeting Minutes March 23 2026
GMEF business loan approved for Sperr Properties
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Description
The Monticello City Council adopted Resolution 2026-19 authorizing a $65,000 Greater Monticello Enterprise Fund loan and business subsidy benefiting Sperr Properties, LLC and L & L Homestyle Café, LLC. The financing is intended to support local business development.
Contract Details
Contract Amount
$65,000
Vendor
SPERR PROPERTIES LLC
Agency
Town of Monticello, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 23, 2026
Renewal Info
Single economic development loan authorization; any extensions or modifications would require future Council action.
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