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Planning Commission Resolution 2022-29 (TIF 1-44 Comp Plan Consistency)CITY OF MONTICELLO WRIGHT COUNTY.. MINNESOTA PLANNING COMMISSION RESOLUTION NO. PC 2022-029 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF MONTICELLO RECOMMENDING APPROVAL OF A PROPOSED TAX INCREMENT FINANCING DISTRICT WHEREAS, the proposal by the City of Monticello, Minnesota (the "City") and the Monticello Economic Development Authority (the "EDA") to establish Tax Increment Financing (Economic Development) District No. 1-44 (the "TIF District") and adopt the Tax Increment Financing Plan relating thereto (the "TIF Plan"), all pursuant to and in conformity with applicable law, including Minnesota Statutes, 469.124 to 469.133 and Sections 469.174 to 469.1794, as amended (the "TIF Act"), has been submitted to the City of Monticello Planning Commission (the "Commission"); and WHEREAS, the Commission has reviewed the TIF Plan to determine the consistency of the TIF Plan with the comprehensive plan for the City; and WHEREAS, the Commission's review of the TIF Plan relates solely to compliance with the TIF Act. The Planning Commission shall undertake a detailed review of the proposed project described in the TIF Plan as part of the City's normal planning process on a later date. NOW, THEREFORE, BE IT RESOLVED by the Commission that the TIF Plan conforms to the general plans for the development and redevelopment of the City as a whole. ADOPTED this 5th day of April, 2022, by the Planning Commission of the City of Monticello, Minnesota. MONTICELLO PLAINING COMMISSION iN ATTEST: Paul Konsdr, Chair Angela Schgnianh,Vommunity Development Director M N ] 90\ 172\785790.v1