City Council Resolution 1990-10Councilmember Fran Fair ~ introduced the following
resolution, the reading of which was dispensed with by unanimous
consent, and moved its adoption:
CITY OF MONTICELLO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 90-10
RESOLUTION CALLING FOR A PIIBLIC HEARING ON THE PROPOSED
ESTABLISHMENT BY THE CITY OF MONTICELLO OF DEVELOPMENT
DISTRICT NO. 1 AND TAE PROPOSED ESTABLISHMENT OF THE
DEVELOPMENT PROGRAM RELATING THERETO AND THE PROPOSED
ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO.
1-1 AND THE PROPOSED ADOPTION OF THE TAX INCREMENT
FINANCING PLAN RELATING THERETO.
BE IT RESOLVED by the City Council (the "Council") of
the City of Monticello, Minnesota (the "City"), as follows:
Section 1. Public Hearing. This Council shall meet on
March 12, 1990, at approximately 7:00 P.M., to hold a
public hearing on the following matters: (a) the proposed
establishment of the City's Development District No. 1, (b)
the proposed adoption of the Development Program relating
thereto, (c) the proposed establishment of Tax Increment
Financing District No. 1-1 therein, and (d) the proposed
adoption of the Tax Increment Financing Plan relating thereto,
all pursuant to and in accordance with Minnesota Statutes,
Chapter 469, as amended.
Section 2. Notice of Hearing; Filing of Program. The
City Clerk is authorized and directed to cause notice of the
hearing, substantially in the form attached hereto as Exhibit A,
to be given as required by law, to place a copy of the proposed
Development Program and the Tax Increment Financing Plan on file
in the Clerk's office at City Hall and to make such copy
available for inspection by the public no later than
February 15, 1990.
The motion for the adoption of the foregoing resolution
was duly seconded by councilmember Warren smith and
upon vote being taken thereon, the following voted in favor
thereof
Ken Maus, Fran Fair, Warren Smith, Shirley Anderson, Dan Blonigen
90-10
following voted against the same:
None
whereupon said resolution was declared duly passed and adopted
by the City Council of Monticello, Minnesot~,.r~n Fuary 26, 1990.
AT T:
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