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Board approves $3,250 TIF payment, directs deed procurement for 207 E South Street

Village of Cerro Gordo Board of Trustees · June 16, 2025
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Summary

Trustees approved a $3,250 TIF payment related to 207 E South Street and directed staff to obtain the deed from Shannon Luthy or have Attorney Susan Nicholas prepare a quitclaim deed if necessary.

The board approved a $3,250 tax-increment financing (TIF) payment connected to 207 E South Street and directed staff to secure the property's deed. The minutes instruct staff to "Ask Shannon Luthy for the deed. If she doesn’t have it Susan Nicholas can draw up a quick claim deed and then Shannon can sign it." Trustee Powers moved approval of the $3,250 TIF payment and Trustee Walsh seconded; the motion passed by unanimous roll call.

The action ties a small TIF payment to a specific property and includes a clear procedural direction for resolving deed documentation. Attorney Susan Nicholas is identified as the person who can prepare a quitclaim deed if the owner cannot produce the deed; further administrative follow-up is implied but not recorded in the minutes.