The Monroe County Board of Supervisors approved their annual contribution of $100,000 to the Albia Industrial Development Corporation after hearing an update from AIDC Executive Director Dan Tometich about the work AIDC has been doing with businesses in the county and in town throughout 2020.
"I've been working with just about every one of our companies here in town ... on growing or expansions or some type of projects," said Tometich. "We've got a lot of good things going on."
The money will be given in four installments of $25,000 in August, October, January and April for the 2021-2022 fiscal year.
Tometich said he was very grateful for the support from the county as well as the city, which allows AIDC to concentrate on their objectives of bringing businesses to the area and expanding businesses, rather then fundraising to have a basic budget.
Tometich also spoke to the board about possibly extending 27th Avenue East to meet 652nd Avenue in anticipation of more truck traffic from Iowa Aluminum, Preferred Wholesale and Camp365.
"They have all expressed interest in opening up the end of that dead end," said Tometich.
The supervisors indicated they did not have any objections as long as the expansion was feasible and Monroe County Engineer Jeremiah Selby said he would look at the area after the weather improved.
The supervisors then held an auction for leasing the county farmland from March 1, 2021 to Feb. 28, 2024. According to the board the previous auction saw the land lease go for $34,500 annually. This year the lease went for $29,000 annually to high bidder Andy Denburger on behalf of himself and his father Randy Denburger.
The Monroe County Board of Supervisors then voted to move into a closed session to speak with county attorney John Pabst "to discuss strategy with counsel in matters that are presently in litigation or where litigation is imminent where its disclosure would be likely to prejudice or disadvantage the position of the governmental body in that litigation."