EDA Resolution No. 2024-04 (Support for WCEDP)CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO.2024-04
SUPPORTING WRIGHT COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP
(WCEDP) APPLICATION TO MN -DEED CHILD CARE ECONOMIC
DEVELOPMENT GRANT PROGRAM
WHEREAS, a 2018 study completed by First Children's Finance, a Minnesota nonprofit
corporation, revealed that the City of Monticello, Minesota (the "City") had a total unmet need
of approximately 700 childcare slots, and
WHEREAS, the 2023 Minnesota Legislature recognized that childcare is an important
component of a growing and healthy economy and authorized a funding program through the
Minnesota Department of Employment and Economic Development (MN -DEED) to help
address childcare facility and staffing capacity issues, and
WHEREAS, the Wright County Economic Development Partnership (WCEDP) has determined
that it will move forward with the submittal of a $600,000 grant application to MN -DEED
through its Child Care Economic Development Grant Program to address childcare facility
and/or staff capacity challenges in Wright County, Minnesota, which includes the City.
NOW THEREFORE BE IT RESOLVED BY the Board of Commissioners ("Board") of the
City of Monticello Economic Development Authority, Monticello, Minnesota (the "Authority")
that it fully supports WCEDP's efforts to obtain grant funding through the Child Care Economic
Development Grant Program offered by MN -DEED to address childcare facility and staffing
capacity issues in Wright County and in the City.
Approved by the Board of Commissioners of the City of Monticello Economic Development
Authority on March 13, 2024.
Presid t
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