City Council Resolution 2006-24CITY OF MONTICELLO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2006 -24
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCEL ON
THE PROPOSED ADOPTION OF A MODIFICATION TO THE TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT 1 -2 ANkD.A
MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 1 -24
BE IT RESOLVED bythe City Council (the "Council ") forthe Cityof Monticello, Minnesota (the "City"), as
follows:
Section 1. Public Hearing. This Council shall meet on June 12, 2006, at approximately 7:00 P.M., to
hold a public hearing on the proposed adoption of a Modification to the Tax Increment Financing Plan for Tax
Increment Financing District No. 1 -2 (a redevelopment district) and a Modification to the Tax Increment
Financing Plan for Tax Increment Financing District No. 1-24 (a housing district), (the "Modifications "), 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 Hearing, Filing of ]Modifications. City staff is authorized and directed to
work with Ehlers &. Associates, Inc., to prepare the Modifications and to forward documents to the appropriate
taxing jurisdictions including Wright County and Independent School District No. ' The City
Administrator is authorized and directed to cause notice of the hearing, together with an appropriate map as
required by law, to be published -at least once in the official newspaper of the City not laterthan 10, nor more
than 30, days prior to June 12, 2006, and to place a copy of the Modifications on file in the City
Administrator's office at City Hall and to make such copy available for inspection by the public.
Dated: April 10, 2006
Adopted:
Clint Herbst, Mayor
ATTEST:
Rick Wolfsteller, Cityvdministrator