RESOLUTION # 10-108
Resolution to approve payment to Tom Bagge consistent with
Development Agreement.
WHEREAS, The City of Monticello and Tom Bagge previously entered into a Development Agreement dated October 20, 2009 and approved by Resolution #09-138 of the City Council, and
WHEREAS, Said Development Agreement provided that the City would pay to the Developer the sum of $21,742.88 upon completion of construction and receipt of occupancy permit from the City with respect to the completed project, and
WHEREAS, The Developer has completed construction and received an Occupancy Permit from the City Director of Public Works, Dana “Diz” Edwards.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of Monticello, Iowa does hereby approve of the payment to Tom Bagge in the amount of $21,742.88 consistent with the previously approved Development Agreement.