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City Council Resolution 2024-23CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA CITY RESOLUTION NO. 2024-23 RESOLUTION REQUESTING CONTINUED FUNDING FOR THE WRIGHT COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP WHEREAS, the Wright County Economic Development Partnership (the "Partnership") is a non-profit agency with over 30 years of service to Wright County, its communities, and its businesses; and, WHEREAS, the Partnership brings together resources and contributions from many sectors of the County — businesses, communities, non -profits, utility providers, Chambers of Commerce, school districts, townships, cities, and County government itself — around the purpose of creating employment opportunities and enhancing overall economic vitality; and, WHEREAS, the Partnership fulfills its mission by providing technical and financial assistance to businesses in Wright County and those looking to locate to Wright County. The Partnership also provides economic development assistance to the cities and townships; and, WHEREAS, a significant value provided by the Partnership is the powerful, partnership - orientated approach of all its activities. The collaborative nature of networking opportunities, information sharing, and problem solving provide direct and indirect impacts on the vitality of our County; and, WHEREAS, investing in the Partnership provides the opportunity to expand employment opportunities and increase the tax base, which has economic benefits for the entire County; and, WHEREAS, a failure by Wright County to continue its funding for the Partnership would have significant consequences on the ability of the organization to continue meeting its purpose and providing its services in Wright County. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MONTICELLO that the City of Monticello hereby requests that the Wright County Board of Directors approve the 2024 funding request from the Wright County Economic Development Partnership in order to support its ongoing collaborative efforts to assist businesses, cities, townships, and the County in creating employment opportunities and enhancing overall economic vitality. Adopted by the City Council of the City of Monticello this 25th day of March, 2024. CITY OF MONTICELLO E Lloyd Hilgart, ayo ATTEST: ity Clerk J nifer S reib�r