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City Council Resolution 1999-46CITY OF MONTICELLO, MINNESOTA RESOLUTION NO: 99-46 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED ADOPTION OF BUSINESS SUBSIDIES CRITERIA. WHEREAS, the State Legislature has adopted Minnesota Statutes, Sections 116J.993 to 116J.995 (the "Statute") governing business subsidies granted by cities; and WHEREAS, the City of Monticello (the "City") fits the definition of "grantor" in the Statute; and WHEREAS, a grantor is required to adopt a set of criteria for awarding business subsidies. NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council") for the City of Monticello, Minnesota, as follows: Section 1. Public Hearing. The City Council shall meet on Monday, September 13 1999, at approximately 7:00 p.m., to hold a public hearing on the proposed adoption of criteria for awarding business subsidies in accordance with the Statute; and Section 2. Notice of Public Hearing. City staff is authorized and directed to work with Ehlers and Associates, Inc., to prepare the criteria. The City Administrator is authorized and directed to cause notice of the hearing to be published at least once in the official newspaper of the City not later than 10 days prior to September 13 , 1999; and to place a copy of the proposed criteria on file in the City Administrator's office at City Hall and to make such copy available for inspection by the public. Dated: August 23, 1999 Adopted: May4er, ATTEST: s of �' / City Administrato