City Council Resolution 1998-14CITY OF MONTICELLO, MINNESOTA
RESOLUTION NO. 98-14
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON
THE ADOPTION OF THE PROPOSED MODIFIED REDEVELOPMENT
PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO.
1, AND THE PROPOSED TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 1-23 THEREIN.
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 Tuesday, May 26, 1998, at approximately 7:00
pm, 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.
1-23, (an economic development district), and the proposed adoption of a Tax Increment Financing Plan
therefor, all pursuant to and 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 May 26, 1998, 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.
Dated: 4/ 13/98
Adopted: 4/13/98 ,
J~~~
Mayor
ATTEST:
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City Administrator
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