HRA Resolution 2001-05MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
CITY OF MONTICELLO
RESIDEUTION # 01 -05
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF
MONTICELLO CALL FOR A PUBLIC HEARING ON THE MODIFICATION TO THE
REDEVELOPMENT PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT
PROJECT NO. 1 AND THE ESTABLISHMENT OF THE TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT 1 -28 (AN
ECONOMIC DEVELOPMENT DISTRICT).
BE IT RESOLVED, by the Board of Commissioners (the "Board ") of the Housing and
Redevelopment Authority of Monticello, Minnesota (the "HRA ") as follows:
WHEREAS, the City Council (the "Council ") of the City of Monticello, Minnesota (the "City ")
established Central Monticello Redevelopment Project No. 1 pursuant to Minnesota Statutes, 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
WHEREAS, the HRA is proposing the modification to the Redevelopment Plan for Central
Monticello Redevelopment Project No. 1 and the establishment of the Tax Increment Financing Plan for
Tax Increment Financing District No. 1 -28, pursuant to, and in accordance with, Minnesota Statutes,
Sections 469.174 through 469.179, 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 May 29, 2001 to consider the
proposed adoption of the modification to the Redevelopment Plan for Central Monticello
Redevelopment Project No. I and the proposed adoption of the Tax Increment Financing Plan for
Tax Increment Financing District No. 1 -28 (collectively, the "Plans ") 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 Plans to the Planning Commission
of the City and requests the Planning Commission's written opinion indicating whether the proposed
Plans are 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 Plans to the Council
for its approval.
4. The HRA directs the Executive Director to transmit the Plans to the county and the school district(s)
in which Tax Increment Financing District No. 1 -28 is located not later- than April 27, 2001.
Approved by the Board on April 4, 2001.
Chair
ATTEST:
05!