City Council Resolution 1998-33CITY OF MONTICELLO, MINNESOTA
RESOLUTION NO. 98-33
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON
THE ADOPTION OF THE PROPOSED MODIFIED REDEVELOPMENT
PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT PROJECT
NO.1,AND THE PROPOSED TAX INCREMENT FINANCING PLAN FOR
TAX INCREMENT FINANCING DISTRICT NO. 1-25 THEREIN.
BE IT RESOLVED by the City Council (the "Council") for the City of Monticello, Minnesota (the "City"),
as follows:
Section 1. Public Hearin. This Council shall meet on Monday, September 14, 1998, at
approximately 7:00 p.m., to hold a public hearing on the proposed adoption of the Modified Redevelopment
Plan for Central Monticello Redevelopment Project No. 1, the proposed establishment of Tax Increment
Financing District No. 1-25, (an economic development district), and the proposed adoption of a Tax
Increment Financing Plan therefor, all pursuant to and accordance with Minnesota Statutes, Sections 469.001
through 469.047, inclusive, as amended, and 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 Plans. City staff is authorized and directed to work
with Ehlers and Associates, Inc., to prepare the Modified Redevelopment Plan and the Tax Increment
Financing Plan (the "Plans") and to forward documents to the appropriate taxing jurisdictions 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 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 September 14,
1998, and to place a copy ofthe Plans on file in the City Administrator's office at City Hall and to make such
copy available for inspection by the public.
Dated: Auaust 24, 1998
Adopted:
Mayor
EST:
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