EDA Resolution 2026-07 (Approve Public Works Facility ED District_Program)CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO.2026-07
RESOLUTION APPROVING A PUBLIC WORKS FACILITY
ECONOMIC DEVELOPMENT DISTRICT AND AN ECONOMIC
DEVELOPMENT PROGRAM THEREFOR
BE IT RESOLVED By the Board of Commissioners (the `Board") of the City of Monticello
Economic Development Authority (the "Authority") as follows:
Section 1. Recitals.
1.01. The Authority has proposed to establish Public Works Facility Economic Development
District (the "Development District"), an economic development district, that is within the boundaries of the
City of Monticello, Minnesota (the "City") and to approve an Economic Development Program for the Public
Works Facility Economic Development District (the "Development Program") therefor, pursuant to Minnesota.
Statutes, Sections 469.090 through 469.1082, as amended (the "EDA Act").
1.02. The Authority has investigated the facts relating to the establishment of the Development
District and the adoption of the Development Program and has caused the Development Program to be
prepared.
1.03. On the date hereof, the Board conducted a duly noticed public hearing regarding the
establishment of the Development District and the approval of the Development Program in accordance with
the EDA Act.
Section 2. Approvals.
2.01. The Board hereby fords that (a) the Development District is proper and desirable to establish
and develop within the City; (b) the Development District is in the public interest because it will help facilitate
various economic development and redevelopment projects throughout the City, including without limitation
the construction of a new public works building or other public facilities to promote development in cooperation
with the City; and (c) the effect of the Development District will be to carry out the objectives of the
Development Program by providing public facilities in the City, will afford the maximum opportunity,
consistent with the needs of the City as a whole, for the development of underutilized property by private
enterprise, and will otherwise promote certain public purposes and accomplish certain objectives as specified
in the Development Program. The Development Program is hereby incorporated into this resolution by
reference.
2.02. The Authority intends that it shall have and enjoy, with respect to the Development District,
the full range of powers and duties conferred upon the Authority pursuant to the Development Program, the
EDA Act, and such other legal authority as the Authority may have or enjoy from time to time.
2.03. The Development District is hereby established and the Development Program, as presented
to the Board on this date, including without limitation the findings and statements of objectives contained
therein, is hereby approved, established, and adopted and shall be placed on file in the office of the Executive
Director of the Authority.
2.04. Authority staff and consultants are authorized to take all actions necessary to implement
the Development Program.
4928-0624-0166.1
Adopted by the Board of Commissioners of the City of Monticello Economic Development Authority this
13th day of May, 2026.
Rick B ger, President
ATTEST:
, Executive Director
4928-0624-0166.1