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City Council Resolution 2010-13CITY COUNCIL OF THE CITY OF MONTICELLO RESOLUTION NO. 2010-13. A RESOLUTION SUPPORTING THE EFFORTS OF THE CITY OF BIG LAKE TO ESTABLISH A REGIONAL RAIL PARK WHEREAS, the City of Monticello and the City of Big Lake as neighboring cities in a rapidly growing area understand the importance of effectively addressing regional planning and economic growth; and WHEREAS, due to rapid growth and increased traffic volumes along and across State Highway 259 the City of Monticello and the City of Big Lake are currently exploring various planning and financing options for a future second Mississippi River Bridge and related traffic circulation improvements; and WHEREAS, The City of Monticello and the City of Big Lake have established a dialogue and continue to explore opportunities to share or consolidate waste water treatment facilities for the sake of providing cost effective service to this growing area; and WHEREAS, The City of Monticello recognizes that job creation in Big Lake benefits the local economy including Monticello; and WHEREAS, the City of Big Lake is proposing to create a Rail Park within its City limits that is expected to serve as a major economic engine in the area by creating additional tax valuation and approximately 1,500 new full time employment jobs; and WHEREAS, City of Big Lake is requesting the City of Monticello support its efforts in establishing a Regional Rail Park; and WHEREAS, the City of Big Lake will need to raise $125 million dollars of private and public financing to facilitate necessary infrastructure investments; and WHEREAS, establishment of a Rail Park as proposed further drives the need for cooperative strategies in regional planning as it relates to utilities, transportation, land use, and economic development; and WHEREAS, the Industrial and Economic Development Committee (IEDC) and the Economic Development Authority supports the regional impacts of job creation and the potential to attract supportive type (supply chair) of businesses to Monticello; and NOW THEREFORE, BE IT HEREBY RESOLVED THAT THE CITY COUNCIL OF THE CITY OF MONTICELLO; supports Big Lake's efforts to obtain regional, state, and federal funding to encourage the creation of a Rail Park in the City of Big Lake. BE IT FURTHER RESOLVED the City of Monticello will continue to work in cooperation with the City of Big Lake to address any acceleration of regional impacts on utilities, transportation, wastewater treatment, land use, and housing that result from the proposed development. Adopted by the Monticello City Council this 22°d day of March, 2010. Ma r Clint Herbst ATTEST: j� Jef 1 City Administrator