City of Monticello Economic Development Authority at Monticello Fire Department

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This document is a City Council memorandum recommending the approval of Ordinance 2026-04 for a Redevelopment Agreement. The agreement is with Heath Properties LLC for the property at 1056 S. Market Street in Monticello, Illinois. The project involves constructing a commercial building for 'Just Hamburgers' with an estimated project cost of $684,723, and a recommended reimbursement of up to $10,000 under the Monticello Building Improvement Grant Program.

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This document outlines a proposal for the City of Monticello's Economic Development Authority (EDA) to authorize a professional services contract with Bolton & Menk for a Downtown Small Area Plan (SAP). The SAP will focus on Block 34 and Cedar Street, aiming to identify future development challenges, goals, and strategies for the downtown core. The proposed contract amount is not to exceed $80,000, with an estimated project duration of six to eight months, commencing in March 2026. The scope of work encompasses existing conditions analysis, community engagement, a downtown plan update, and an implementation plan.

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This document is a City Council Memorandum dated January 5, 2026, recommending approval of Ordinance 2026-08. The ordinance concerns a Redevelopment Agreement with BRELM LLC for a Building Improvement Grant under the Spring 2026 Monticello Building Improvement Grant Program. The grant is for exterior landscaping improvements at 214 W. Washington St. The estimated project cost is $6,380.45, with a recommended reimbursement from the city of up to $3,191.00. The City Council is recommended to approve this ordinance at their January 12, 2026 meeting.

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This document is a City Council Memorandum dated January 5, 2026, recommending the approval of Ordinance 2026-05. The ordinance pertains to a redevelopment agreement between the City of Monticello and Maa Blessing LLC for the property at 309 N. Market Street. The project involves installing an on-site security system, with an estimated project cost of $11,000.00. The City recommends a reimbursement to Maa Blessing LLC of up to $5,500.00, representing 50% of the total project cost. The City Council is advised to approve this ordinance at its meeting on January 12, 2026.