Forgivable Loanapproved

Town of Monticello Awards $100,000 Forgivable Loan Contract to Sperr Properties (December 2025)

Sperr Properties, LLC approved for a $100,000 façade improvement forgivable loan on October 22, 2025, contingent on property purchase, for exterior improvements including stucco, windows, awning, and entry door.

Status
approved
Document date
December 10, 2025
Contract type
Forgivable Loan
Vendor
Sperr Properties
Agency
Town of Monticello · MN

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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

Scope & details

The full contract record, as filed.

Contract amount
$100,000
Contract type
Forgivable Loan
Contract term
October 22, 2025 – contingent on property purchase
Renewal date
October 22, 2025
Renewal
Resolution #2025-09 approved on October 22, 2025
Document type
Agenda
Source document
economic_development_authority_regular_meeting_age.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the forgivable loan contract by Town of Monticello?

Sperr Properties was awarded this forgivable loan contract by Town of Monticello, as recorded on December 10, 2025. The contract value is $100,000.

How much is the Sperr Properties contract with Town of Monticello worth?

The Sperr Properties contract with Town of Monticello is valued at $100,000, covering forgivable loan work.

What type of contract is this?

This is a Forgivable Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in economic_development_authority_regular_meeting_age.pdf (Agenda), dated December 10, 2025 from Town of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sperr Properties hold?

Sperr Properties may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Sperr Properties's profile

What is Town of Monticello currently buying?

Explore Town of Monticello's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Monticello's profile

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