HRA Resolution 2005-15MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
CITY OF MONTICELLO
COUNTY OF WRIGHT
STATE OF MINNESO'T'A
RESOLUTION NO., 2005 -15
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF
MONTICELLO CALL FOR A PUBLIC HEARING ON A MODIFICATION TO THE
TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT 1 -6 (A REDEVELOPMENT DISTRICT)
BE IT RESOLVED, by the Board of Commissioners (the "Board ") of the Monticello Housing and
Redevelopment Authority (the "HRA ") as follows:
WHEREAS, the City Council (the "Council ") of the City of Monticello, Minnesota (the "City ")
established Tax Increment Financing District No. 1 -6 pursuant to Minnesota Statutes, Sections 469.174
through 469.1799, inclusive, as amended, in an effort to encourage the development and redevelopment
of certain designated areas within the City; and
WHEREAS, the HRA is proposing a Modification to the Tax Increment Financing Plan for Tax
Increment Financing District No. 1 -6, all pursuant to, and in accordance with, Minnesota Statutes,
Sections 469.174 through 469.1799 and Sections 469.001 to 469.047, inclusive, as amended;
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
The HRA hereby requests that the Council call for a public hearing on February 13, 2006, to consider
the proposed adoption of a Modification to the Tax Increment Financing Plan for Tax Increment
Financing District No. 1 -6, a redevelopment district, (the "Modification ") and cause notice of said
public hearing to be given as required by law.
2. The HRA directs the Executive Director to transmit copies of the Modification to the Planning
Commission of the City and requests the Planning Commission's written opinion indicating whether
the proposed Modification is in accordance with the Comprehensive Plan of the City, prior to the
date of the public hearing.
3. The Executive Director of the HRA is hereby directed to submit a copy of the Modification to the
Council for its approval.
4. The HRA directs the Executive Director to transmit the Modification to the county and the school
district(s) in which Tax Increment Financing District No. 1 -6 is located not later than January 13,
2006.
5. Staff and consultants are authorized and directed to take all steps necessary to prepare the
Modification and related documents and to undertake other actions necessary to bring the
Modification before the Council.
Approved by the Board on December 7, 2005
ATTEST:
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