City Council Resolution 2002-06CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2002-6
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL
ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE
REDEVELOPMENT PLAN FOR CENTRAL MONTICELLO
REDEVELOPMENT PROJECT NO. I AND THE PROPOSED
ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-29
THEREIN AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN
THEREFOR.
BE IT RESOLVED by the City Council (the "Council") for the City of Monticello, Minnesota (the
"City"), as follows:
Section 1. Public Hearing. This Council shall meet on March 25, 2002, at approximately 7:00
P.M., to hold a public hearing on the proposed adoption of a Modification to the Redevelopment Plan for
Central Monticello Redevelopment Project No. 1, the proposed establishment of Tax Increment Financing
District No. 1-29, a housing district, and the proposed adoption of a Tax Increment Financing Plan
therefor, all pursuant to and accordance with Minnesota Statutes, Sections 469.001 through 469.047,
inclusive, as amended, and Minnesota Statutes, Sections 469.174 through 469.179, inclusive, as amended,
in an effort to encourage the development and redevelopment of certain designated areas within the City;
and
Section 2. Notice of Public Hearing, Filing of Plans. City staff is authorized and directed to
work with Ehlers and Associates, Inc., to prepare the Modification to the Redevelopment Plan for Central
Monticello Redevelopment Project No. I and the Tax Increment Financing Plan for Tax Increment
Financing District No. 1-29 (collectively, the "Plans") and to forward documents to the appropriate taxing
jurisdictions including Wright County and independent School District No. 882. The City Clerk is
authorized and directed to cause notice of the hearing, together with an appropriate map as required by
law, to be published at least once in the official newspaper of the City not later than 10, nor more than 30,
days prior to March 25, 2002, and to place a copy of the Plans on file in the City Clerk's office at City
Hail and to make such copy available for inspection by the public.
Dated: February 11. 2002
Adopted:
AT
City Clerk