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City Council Resolution 2013-88CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2013-088 CALLING FOR A PUBLIC HEARING ON THE PROPOSED ADOPTION OF AN AMENDMENT TO THE REDEVELOPMENT PROGRAM RELATING TO CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO. 1, AND THE PROPOSED MODIFICATION OF THE TAX INCREMENT FINANCING PLAN RELATING TO TAX INCREMENT FINANCING DISTRICT NO. 6 BE IT RESOLVED by the City Council (the "Council ") of the City of Monticello, Minnesota (the "City "), as follows: Public Hearing. This Council shall meet on Monday, November 25, 2013, at approximately 7:00 p.m., to hold a public hearing on the following matters: (a) the proposed adoption of a modification to the Redevelopment Program (the "Program ") for Central Monticello Redevelopment Project No. 1 (the "Redevelopment Project "); and (b) the proposed modification of the Tax Increment Financing Plan (the "TIF Plan ") relating to Tax Increment Financing District No. 6 within the Redevelopment Project (the "TIF District "), all pursuant to and in accordance with Minnesota Statutes, Sections 469.001 through 469.047, as amended, Sections 469.090 through 469.1082' as amended and Minnesota Statutes, Sections 469.174 through 469.1794, as amended (collectively, the "Act "). 1. Notice of Hearing; Filing of Program and TIF Plan. The City Clerk is hereby authorized to cause a notice of the hearing, substantially in the form attached hereto as Exhibit A, to be published as required by -the Act and to place a copy of the proposed modifications to the Program and TIF Plan for the Redevelopment Project and TIF District on file in the City Clerk's Office at Monticello City Hall and to make such copies available for inspection by the public. 2. Consultation with Other Taxing Jurisdictions. The City Clerk is hereby directed to mail a notice of the public hearing and a copy of the proposed modifications to the Program and TIF Plan to Wright County and Independent School District No. 882 informing those taxing jurisdictions of the estimated fiscal and economic impact of the proposed modifications. ADOPTED BY the City Council of the City of Monticello, Minnesota, this 14th day of October, 2013, CITY OF MONTICELLO Clint Herbst, Mayor ATTEST: a,* �- Jeff O' ei , ty Administrator EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF MONTICELLO, MINNESOTA HELD: October 14, 2013 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Monticello, Wright County, Minnesota, was duly held at the Monticello City Hall on Monday, the 14th day of October, 2013 at 7:00 p.m. for the purpose, in part, calling a public hearing on the on the proposed adoption of a modification of the Redevelopment Program relating to Central Monticello Redevelopment Project No. 1 and the proposed modification of the Tax Increment Financing Plan for Tax Increment Financing District No. 6. The .following Council members were present: Clint Herbst, Lloyd Hilgart, Tom Perrault, Glen Posusta, Brian Stumpf, and the following were absent: None. Councilmember Stumpf introduced the following resolution and moved its adoption: The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Hilgart and upon vote being taken thereon, the following voted in favor: Herbst, Hilgart, Perrault, Posusta, Stumpf, and the following voted against the same: None. Whereupon said resolution was declared duly passed and adopted. CERTIFICATION STATE OF MINNESOTA ) ss. COUNTY OF WRIGHT ) I, the undersigned, being the duly qualified and acting Deputy City Clerk of the City of Monticello, Minnesota, DO HEREBY CERTIFY that the attached resolution is a true and correct copy of an extract of minutes of a meeting of the City Council of the City of Monticello, Minnesota duly called and held, as such minutes relate to the calling of a public hearing on the Central Monticello Redevelopment Project No. 1, and tax increment financing plan modification for Tax Increment Financing Districts No. 6. WITNESS my hand as such Deputy City Clerk of the City of Monticello this 14th day of October, 2013. Cat rine Shuman, Deputy City Clerk