The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #18-136
Authorizing City Administrator to proceed with process to amend Development Agreement between Orbis Mfg., a subsidiary of Menasha Corporation, to reflect terms and provisions related to expenses incurred by Orbis related to the installation of a new section of City water main.
WHEREAS, The Council approved a Development Agreement with Orbis Manufacturing, a subsidiary of Menasha Corporation by Resolution #17-35 dated April 3, 2017, and
WHEREAS, During the course of the Orbis project it was determined that the project, and the area in general, would be benefited by the installation of additional City water main, connecting two current dead end water mains, and
WHEREAS, The additional water main was added with the plans associated therewith being reviewed and approved by the City Engineer in advance of the installation of said improvements, and
WHEREAS, Orbis has requested that the City Council consider amendments to the previously approved Development Agreement to provide further incentives to Orbis to offset their investment in City infrastructure, and
WHEREAS, The Council finds it appropriate to begin the process to consider amendments to the previously approved Development Agreement.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Monticello does hereby authorize and direct the City Administrator to begin the process necessary to formally consider amendments to the previously approved Development Agreement between the City of Monticello and Orbis.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 19th day of November, 2018.
Attest: Brian Wolken, Mayor
Sally Hinrichsen, Monticello City Clerk