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Monroe council approves purchase of 1028 17th Ave with TID 7 funds
Summary
The City of Monroe approved a resolution authorizing acquisition of vacant land at 1028 17th Ave for economic development, using Tax Increment District (TID) 7 funds; the council authorized the mayor and city manager to execute sale documents and approved the motion by roll call.
The City of Monroe common council voted to approve a resolution authorizing the purchase of vacant land at 1028 17th Ave for economic development, using Tax Increment District (TID) 7 funds. A council member introduced the resolution and moved for approval; the mayor seconded the motion and the council voted to approve it.
"I have a resolution, be resolved by the common council of the city of Monroe that approval and acceptance be hereby given to the vacant land offer to purchase to acquire land located at 1028 17th Ave with tax increment district did 7 funds for the purpose of economic development," the council member said when presenting the motion. The resolution also authorized the mayor and the city manager to execute the offer to purchase and related sales documents consistent with terms discussed in closed session.
The clerk called the roll and the alder members recorded unanimous support: Alder Shafer, Alder Tolman, Alder Cleveland, Alder Grenzo, Alder Truhart, Alder Wharton Weather and Alder Miller all voted "aye." The mayor announced the motion approved. The council did not record any "no" votes in the transcript.
The action directs city leadership to complete the purchase under terms already reviewed in closed session; the resolution text in the meeting authorized the mayor and city manager to sign final documents. The transcript does not list a purchase price or an exact closing date.
