The Panora City Council met for their regular meeting Monday. 

The Council approved the contract with Region XII Council of Governments for the local planning and administrative assistance of an upper story housing Community Development Block Grant application and duplex plans with the fee of $1,000. Also they approved the resolution for the final plans, specification, form of contract and estimate of cost for Jackson Street Improvement and awarded the contract to Spring Lake Construction LLC for $1,915,000. Next, the Council approved a development agreement with Panora Telecommunications authorizing annual appropriation tax increment payments to not exceed $850,000 for the Clay Street Housing project and pledging a certain tax increment financing (TIF) revenues to the payment of residential lots. Finally, they approved the changes to district and supplementary district regulations.