City Council Resolution 1999-47CITY OF MONTICELLO
RESOLUTION NO. 99-47
RESOLUTION CALL FOR A PUBLIC HEARING BY THE CITY ON
THE PROPOSED ADOPTION OF THE MODIFIED REDEVELOPMENT
PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO. 11
AND THE PROPOSED ESTABLISHMENT OF TAX INCREMENT
FINANCING DISTRICT NO. 1-26 THEREIN AND THE ADOPTION OF THE
PROPOSED 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 Hearin. This Council shall meet on Monday, October 25, 1999, at
approximately 7:00 p.m. to hold a public hearing on the proposed adoption of the Modified
Redevelopment Plan for Central Monticello Redevelopment Project No. 1, the proposed
establishment of Tax Increment Financing District No. 1-26, (an economic development district),
and the proposed adoption of a Tax Increment Financing Plan therefor, all pursuant to and in
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 Modified Redevelopment Plan
and the Tax Increment Financing Plan (the "Plans") and to forward documents to the appropriate
taxing jurisdictions including Wright County and Independent School District No. 882. The City
Administrator 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 October 25, 1999, and to place a copy of
the Plans on file in the City Administrator's office at City Hall and to make such copy available
for inspection by the public.
Adopted this 23rd day of August, 1999.
lit
FlgleKB5elsaas,Mayor
ATTEST:
Rick Wolfsteller, C# Administrator