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City Council Resolution 2001-23CITY OF MONTICELLO, MINNESOTA RESOLUTION NO. 2001-23 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED ADOPTION OF THE MODIFICATION TO THE DEVELOPMENT PROGRAM FOR CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO. 1 AND THE PROPOSED ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-28 THEREIN AND THE ADOPTION OF THE TAX INCREMENT FINANCING PLAN THEREFOR. BE 1T RESOLVED by the City Council (the "COLIncil") for the City of Monticello, Minnesota (the "City"), as follows: Section 1. Public Hearin. This Council shall meet on May 29, 2001, at approximately 7:00 P.M., to hold a public hearing on the proposed adoption of the modification to the Development Program for Central Monticello Redevelopment Project No. 1, the proposed establishment of Tax Increment Financing District No. 1-28, (an economic development district), and the proposed adoption of the Tax Increment Financing Plan therefor, all pursuant to and in accordance with Minnesota Statutes, Sections 469.174 through 469.179, 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 Program and Plan. City staff is authorized and directed to work with Ehlers and Associates, Inc., to prepare the modification to the Development Program for Central Monticello Redevelopment Project No. 1 and the Tax Increment Financing Plan for Tax Increment Financing District No. 1-28 and to forward documents to the appropriate taxing jurisdictions including Wright County and Independent School District No. 882. The City Clerk 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 later than 10, nor more than 30, days prior to May 29, 2001, and to place a copy of the Program and Plan on file in the City Clerk's office at City Hall and to make such copy available for inspection by the public. Dated: April 9, 2001 Adopted: Ma r ATTEST: City Clerk