City Council Resolution 2006-14CITY OF MONTICELLO
COUNTY OF WRIGHT
STAVE OF MINNESOTA
RESOLUTION NO. 2006 -14
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON
THE PROPOSED ADOPTION OF A MODIFICATION TO THE
REDEVELOPMENT PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT
PROJECT NO.1 AND THE PROPOSED ESTABLISHMENT OF TAX INCREMENT
FINANCING DISTRICT NO. 1 -37 THEREIN AND THE ADOPTION OF A TAX
INCREMENT FINANCING PLAN THEREFOR.
BE IT RESOLVED by the City Council (the "Council ") for the City of Monticello, Minnesota (the "City"), as
follows:
Section 1. Public Hearing. This Council shall meet on April 24, 2006, at approximately 7:00 P.M., to
hold a public hearing on the proposed adoption of a Modification to the Redevelopment Plan for Central
Monticello Redevelopment Project No. 1 (the "Redevelopment Plan Modification"" the proposed
establishment of Tax Increment Financing District No. 1 -37, (an economic development district), and the
p.mposed ad- 'ion of a 'Tax Increment Financing Plan (the 71F Plan ") therefor (the Redevelopment Plan
Modification and the TIF Plan are referred to collectively herein as the "Plans "), all pursuant to and in
accordance with Minnesota Statutes, Sections 469.001 to 469.047, and Sections 469.174 to 469.1799,
inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated
areas within the City, and
Section 2. Notice of Public Hearin Filing of Plans City staff is authorized and directed to work with
Ehlers & Associates, Inc., to prepare the Plans and to forward documents to the appropriate taxing j urisdictions
including Wright County and Independent School District No. 882. The City Administrator is authorized and
directed to cause notice of the hearing, together with an appropriate map as required by Iaw, to be published at
least once in the official newspaper of the City not later than 10, nor more than 30, days prior to April 24,
2006, and to place a copy of the Plans on file in the City Administrator's office at City Hall and to make such
copy available for inspection by the public.
Dated: March 13, 2006
Adopted:
C/-'T,,C�7y 4��-
Clint Herbst, Mayor
ATTEST:
, 0�;, �, J
Rick Wolfsteller, City 4drninistrator