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Planning Commission Resolution 2020-028CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA PLANNING COMMISSION RESOLUTION NO. PC -2020-028 A RESOLUTION FINDING THAT THE PROPOSED ACQUISITION OF CERTAIN LAND FOR REDEVELOPMENT PURPOSES BY THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY IS CONSISTENT WITH THE CITY OF MONTICELLO'S COMPREHENSIVE PLAN WHEREAS, the City of Monticello Economic Development Authority (the "Authority") proposes to purchase certain property (the "Property") located at 101, 107, and 121 West Broadway in the City of Monticello (the "City"), legally described on Exhibit A attached hereto, for the purposes of redevelopment; and WHEREAS, Minnesota Statutes, Section 462.356, subd. 2 requires the City Planning Commission to review the proposed acquisition or disposal of publicly -owned real property within the City prior to its acquisition or disposal, to determine whether in the opinion of the Planning Commission, such acquisition or disposal is consistent with the comprehensive municipal plan; and WHEREAS, the Planning Commission has reviewed the proposed acquisition of the Property, and has determined that the Property is guided and zoned Downtown, and is designated as an area for mixed commercial and multifamily residential uses within the City's comprehensive plan and Small Area Study, that the Authority's purpose is to redevelop the Property consistent with these uses, and that the proposed acquisition is therefore consistent with the City's comprehensive plan. NOW, THEREFORE, BE IT RESOLVED, by the Planning Commission of the City of Monticello, that the acquisition of the Property by the Authority is consistent with the City's Comprehensive Plan and will promote the redevelopment of a portion of the downtown area of the City. BE IT FURTHER RESOLVED that this resolution be communicated to the Board of Commissioners of the Authority. Adopted this 6th day of October, 2020, by the Monticello Planning Commission. MONTICELLO PLANNING COMMISSION W - Wow," ._�Ll [WAIRIM l = • �f �Alstad Acting Chair ATTEST: Angela Schuiffnn`(�,ommunity Development Director EXHIBIT A Legal Description of Property A strip of land 16 1/2 feet frontage on Broadway and 90 feet in depth in the Southeast corner of Lot 8, Block 52, Townsite of Monticello, also described as the Southeasterly 16.5 feet of the Southwesterly 90.00 feet of said Lot 8, as measured at a right angle to and parallel with the Southeasterly and Southwesterly lines thereof. Lot 9, Block 52, Townsite of Monticello. Lot 10, Block 52, Townsite of Monticello, except that part of Lot 10, Block 52, City or Townsite of Monticello, described as follows: Beginning at the Northeasterly corner of said Lot 10; thence Southerly along the Southeasterly line of said Lot 10 a distance of 36.00 feet; thence Westerly to a point on the Northwesterly line of Lot 10 distant 36.00 feet Southerly of the Northwesterly corner of said Lot 10; thence Northerly along said Northwesterly line of said Northwesterly corner; thence Easterly along the Northeasterly line of said Lot 10 to the point of beginning. The Easterly 20 feet of Lot 3 and Lot 4 and Lot 5, except the East 18 feet 10 inches of said Lot 5 (the East 18' 10" of said Lot 5 being sold to Roy A. Lauring and is described: That part of Lot 5 being more particularly described as follows: Beginning at the Southerly point of said Lot 5; thence Northwesterly along the Southwesterly side of Lot 5, 18 feet 10 inches; thence Northeasterly and parallel to the Southeasterly side of said Lot 5 to the Northeasterly line of said Lot 5; thence Southeasterly 18 feet 10 inches to the most Easterly point of said Lot 5; thence Southwesterly to point of beginning), all in Block 52 in the Townsite of Monticello, according to Plat of record by John O. Haven. Wright County, Minnesota, Abstract Property 101, 107, and 121 West Broadway, Monticello, MN 55362