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City Council Resolution 2015-41CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2015-041 AUTHORIZING A LETTER OF SUPPORT FOR MONARCH DEVELOPMENT GROUP AS RELATED TO CYGNET LANDING, AN AFFORDABLE WORKPLACE TOWNHOME DEVELOPMENT PID 155 - 500 - 101418 WHEREAS, the Monticello City Council, on May 26, 2015, reviewed the Cygnet Landing housing development proposal for 45 new construction townhomes in the City of Monticello; and WHEREAS, the development will meet locally identified housing goals and the proposed housing is in short supply in the local housing market; and WHEREAS, the City has made significant contributions to the proposed site by investments to improve the site; said contributions include two Contamination Cleanup and Investigation Grants from the MN Department of Employment and Economic Development and a match from the City in the amount of 12.5% of the total cost of the cleanup project; and WHEREAS, following the cleanup project, the site has received a "No Further Action" determination issued by the MN Pollution Control Agency on March 25, 2004. WHEREAS, the proposed site is subject to all land development, subdivision, zoning, code, and ordinance requirements of the City of Monticello and those requirements of any other government entity, as applicable to the proposal. NOW THEREFORE, RE IT RESOL VED, that the Monticello City .Council endorses the proposal presented by Monarch Development Group for the Cygnet Landing affordable workplace townhome development. ADOPTED RI'the Monticello City Council at its regular meeting on the 261h day of May, 2015. ATTEST. OA05�vl 04,4a Jeff 1, City Administrator CITE' OF MONTICELLO wil Brian Stumpf, M f or CERTIFICATION STATE OF MINNESOTA COUNTY OF WRIGHT I hereby certify that the foregoing is a true and correct copy of Resolution #2015 -041 duly passed, adopted and approved by the Monticello City Council at their scheduled meeting on May 26t", 2015 and recorded in minutes of said meeting. Kerry Burri, Interim City Clerk Notary Public: Date: � j -Z: _ j ....._.,. DEBRA 7A.ViARD �� �' " "�"'P Minnesota (T"AMP) • Notary Public, , My Commxpires Januar020