City Council Resolution 1996-01RESOLUTION 96-1
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
MODIFICATION OF THE REDEVELOPMENT PLAN FOR THE
CENTRAL MONTICELLO REDEVELOPMENT PROJECT AND
THE TAX INCREMENT PLANS FOR TAX INCREMENT
FINANCING DISTRICTS 1-1 THROUGH 1-18
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Monticello ("Authority") administers the Central Monticello Redevelopment Project
("Project") and Tax Increment Financing Districts Nos. 1-1 through 1-18 ("TIF
Districts") within the Project pursuant to Minnesota Statutes, Section 469.001 to
469.147 and Sections 469.174 to 469.179 (collectively, the "Acts"); and
WHEREAS, the City Council has determined to consider a modification to the
Redevelopment Plan for the Project and the tax increment financing plans ("TIF
Plans") for the TIF Districts and to hold a public hearing thereon in accordance
with the Acts;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Monticello that:
1. The City Administrator is authorized and directed to prepare a notice for
publication in the City's official newspaper setting a public hearing before
the City Council on January 22, 1996, at 7 p.m., in the council chambers on
the modified Redevelopment Plan for the Project and the modified TIF Plans.
The notice shall be published in the newspaper at least 10 but not more than
30 days prior to the public hearing, and shall include a map of the Project
and the TIF Districts.
2. The City Administrator is authorized and directed to transmit a copy of the
modified Redevelopment Plan and TIF Plans to the County Board and School
Board at least 30 days before the date of the public hearing and to take all
other actions necessary to bring the modified Redevelopment Plan and TIF
Plans before the City Council at the time of the public hearing.