• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

City of Monticello Iowa

Live, Work, Play

  • Home
  • About
  • Bill Pay
  • Contact Us
  • Departments
  • Services
You are here: Home / Resolutions / Resolution 14-78

Resolutions · March 27, 2015

Resolution 14-78

The City of Monticello, Iowa

IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA

RESOLUTION #14-78

Resolution to approve entry of Lease with MUSCO Lighting related to lighting of

Prep. Diamond and use of City annual $5,000 MYBSA Capital project investment

towards purchase of said lights.

 

WHEREAS, the City of Monticello entered into an agreement with the MYBSA that included a provision requiring the City to set aside $5,000 per year towards MYBSA projects to be pre-approved by the City Council, and

 

WHEREAS, the MYBSA approached the City with a request to pledge said $5,000 investment for FY 15, FY 16, and FY 17 towards the installation of MUSCO lights at the prep diamond at the Sports Complex, and to

 

WHEREAS, the MUSCO lights are estimated to cost $54,000 to $58,000, with the MYBSA paying approximately 30% down and paying the balance at 3.95% interest over the next three years under a lease agreement between the City of Monticello and MUSCO due to the fact that MUSCO will enter into an agreement with the City but not an association working for or under the City, and

 

WHEREAS, the Council finds that the MYBSA has done a great job over the last year and that the addition of the lights to the Prep diamond with little City commitment is a good project, will serve the youth and adults in the Community, and is a good use of the funds dedicated within the City / MYBSA Agreement.

 

NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve of the use of the $5,000 annual MYBSA Capital Improvement investment by the City in FY ’15, ’16, and ’17 to offset the costs of the MUSCO light installation at the Prep Diamond at the Sports Complex, and further authorizes the City Administrator to execute a lease agreement between the City and MUSCO to cover the remaining balance of the purchase price to be repaid at 3.95% with the aforementioned annual City investment and MYBSA funds, with a separate agreement to be entered whereby the MYBSA commits to cover all expenses under the lease agreement not including the planned $15,000 City investment.

 

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 21st day of July, 2014.

 

Dena Himes, Mayor

 

Attest:

 

Cheryl Clark, Deputy City Clerk

 

Filed Under: Resolutions

Previous Post: « Resolution 14-77
Next Post: Resolution 14-79 »

Primary Sidebar

Recent News:

June 15th, 2025 Council Meeting

Council Minutes – June 2, 2025

Council Agenda & Packet – 6/16/2025

June 2nd, 2025 Council Meeting

Council Agenda & Packet – 6/2/2025

Quick Links:

  • Contact Us
  • City Departments
  • Council Minutes
  • Council Agendas
  • Council Videos
  • Resolutions
  • Online Bill Pay
  • News
  • City Code of Ordinances

Safety Information:

Police Department:
319-465-3526

Jones County Sheriff’s Office:
319-462-4371

Footer

Contact Us:

Office: 319-465-3577

Monday-Friday, 8am to 5pm
200 East First Street, Monticello

Find us on Facebook!

Links:

Monticello Community Schools
Sacred Heart School
Kirkwood Community College
Ross and Elizabeth Baty Public Library
The Great Jones County Fair
Jones County Tourism
Jones County Economic Development

Copyright © 2025 · City of Monticello Iowa · Login · Powered by ITS

Copyright © 2025 · Showcase Pro on Genesis Framework · WordPress · Log in