City Council Resolution 2014-04CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2014-004
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
PROPOSED ADOPTION OF A MODIFICATION OF TAX INCREMENT
FINANCING DISTRICT NO. 1 -39 WITHIN CENTRAL MONTICELLO
REDEVELOPMENT PROJECT NO. 1, AND THE PROPOSED
MODIFICATION OF THE TAX INCREMENT FINANCING PLAN
RELATING TO TAX INCREMENT FINANCING DISTRICT NO. 1 -39
BE IT RESOLVED by the City Council (the "Council ") of the City of Monticello,
Minnesota (the "City "), as follows:
Public Hearing. This Council shall meet on Monday, March 24, 2014, at approximately
7:00 p.m., to hold a public hearing on the proposed modification of Tax Increment Financing
District No. 1 -39 within the Central Monticello Redevelopment Project No. 1, and the proposed
modification of the Tax Increment Financing Plan relating to Tax Increment Financing District
No. 1 -39, all pursuant to and in accordance with Minnesota Statutes, Sections 469.001 through
469.047, both inclusive, as amended, Minnesota Statutes Sections 469.090 through 469.1082, both
inclusive, as amended, and Minnesota Statutes, Sections 469.174 through 469.1794, both
inclusive, as amended (collectively, the "Act ").
1. Notice of Hearing; Filing of Program and Plan. The City Clerk is hereby authorized
to cause a notice of the hearing, substantially in the form attached hereto as Exhibit A, to be
published as required by Minnesota Statutes, Section 469.003, Subdivision 2 and the Act and to
place a copy of the proposed modified Tax Increment Financing Plan for the proposed modified
Tax Increment Financing District No. 1 -39 on file in the City Clerk's Office at Monticello City
Hall and to make such copies available for inspection by the public.
2. Consultation with Other Taxing Jurisdictions. The City Clerk is hereby directed to
mail a notice of the public hearing and a copy of the proposed modified Tax increment Financing
Plan for the proposed modified Tax Increment Financing District No. 1 -39 to Wright County and
Independent School District No. 882 informing those taxing jurisdictions of the estimated fiscal
and economic impact of the proposed modified Tax Increment Financing District No. 1 -39.
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2014-004
ADOPTED BY the City Council of the City of Monticello, Minnesota, this 13th day of January,
2014.
CITY OF MONTICELLO
Clint Herbst, Mayor
ATTEST:
C
Jeff it ,City Administrator
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2014-004
EXTRACT OF MINUTES OF A MEETING OF THE
CITY COUNCIL OF THE CITY OF
MONTICELLO, MINNESOTA
HELD: January 13, 2014
Pursuant to due call and notice thereof, a regular meeting of the City Council of the City
of Monticello, Wright County, Minnesota, was duly held at the Monticello City Hall on Monday,
the 13th day of January, 2014 at 7:00 p.m. for the purpose, in part, calling a public hearing on the
on the proposed adoption of the modification of Tax Increment Financing District No. 1 -39 within
Central Monticello Redevelopment Project No. 1, and the proposed modification of the Tax
Increment Financing Plan Relating to Tax Increment Financing Districts No. 1 -39.
The following Council members were present:
Mayor Clint Herbst
Councilmembers Glen Posusta, Tom Perrault, Lloyd Hilgart, Brian Stumpf
and the following were absent: None
Councilmember Glen Posusta introduced the foregoing resolution and moved its adoption:
The motion for the adoption of the foregoing resolution was duly seconded by
Councilmember Brian Stumpf and upon vote being taken thereon, the following voted in favor:
Mayor Clint Herbst
Councilmembers Glen Posusta, Tom Perrault, Lloyd Hilgart, Brian Stumpf
and the following voted against the same: None
Whereupon said resolution was declared duly passed and adopted.
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2014-004
STATE OF MINNESOTA )
ss.
COUNTY OF WRIGHT
I, the undersigned, being the duly qualified and acting City Clerk of the City of Monticello,
Minnesota, DO HEREBY CERTIFY that the attached resolution is a true and correct copy of an
extract of minutes of a meeting of the City Council of the City of Monticello, Minnesota duly
called and held, as such minutes relate to the calling of a public hearing on the tax increment
financing plan modification for Tax Increment Financing Districts No. 1 -39.
2014.
WITNESS my hand as such City Clerk of the City of Monticello this 13th day of January,
Dep City C erk