City Council Resolution 1987-20RESOLUTION 87-20
RESOLUTION SETTING A PUBLIC HEARING FOR THE
PURPOSE OF MODIFICATION OF AN EXISTING
TAX INCREMENT FINANCE PLAN FOR
REDEVELOPMENT DISTRICT #2 PURSUANT TO
MINNESOTA STATUTES, SECTIONS 273.71 TO
273.78 INCLUSIVE, THE TAX INCREMENT FINANCING ACT
WHEREAS, the Monticello Housing and Redevelopment Authority has adopted
a Resolution modifying the finance plan for the established Tax Increment
Redevelopment District #2 dated August 5, 1987, pursuant to the provisions
of MS Section 273.71 to 273.78 inclusive, and
WHEREAS, said resolution requests the City Council to set a public
hearing on said Tax Increment Financing Plan #2.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF MONTICELLO, MINNESOTA THAT:
1. A public hearing shall be held at 7:30 p.m., on Monday, August 24,
1987, in the City Council Chambers.
2. The City Administrator shall cause proper notice to be given
in the official newspaper.
Adopted this 10th day of August, 1987.
Arve A. Grimsmo, Mayor
Rick Wolfsteller
City Administrator