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City Council Resolution 1984-08RESOLUTION 1984 #8 A RESOLUTION ADOPTING MODIFICATION NO. 1 TO THE MONTICELLO REDEVELOPMENT PROJECT PURSUANT TO THE PROVISIONS OF MINNESOTA STATUTES, SECTION 462.411 et sue. AND ADOPTION OF MODIFICATION NO. 1 OF THE MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY RE- DEVELOPMENT PLAN. WHEREAS, the City Council of the City of Monticello has held a public hearing to receive input regarding the Monticello Redevelopment Plan Modification No. 1; and WHEREAS, the Housing and Redevelopment Authority of the City of Monticello by Resolution has requested approval of the Monticello Redevelopment Plan Modification No. 1; and WHEREAS, the City Council has received a finding from the City of Monticello Planning Commission that the Monticello Redevelopment Plan Modification No. 1 is in conformance with the City's Comprehensive Plan. WHEREAS, the City Council of the City of AZonticello finds that the redevelopment project described in said Redevelopment Plan dated March 15, 1984 contains blighted and deteriorated areas as defined in the Minnesota Municipal Housing and Redevelopment Act, Minnesota Statutes, Section 462.421, Subdivision 13 and constitutes a blighting influence and contributes to the deteriorating physical character of these areas in the city; and WHEREAS, the City Council of the City of Monticello finds said redevelopment plan and project modification will carry out the purpose and policy of the Minnesota Municipal Housing and Redevelopment Act, Minnesota Statutes, Section 462.411 to 462.715 as set forth in Section 462.415 and in the Congressional Declaration of National Housing Policy contained in the Housing Act of 1949 as amended; and WHEREAS, the City Council of the City of Monticello finds that the land in the project area would not be made available for redevelopment without the financial aid sought; and WHEREAS, the City Council of the City of Monticello finds that the designated redevelopment project area in the locality will afford maximum opportunity, consistent with the sound needs of the locality as a whole, for the development and redevelopment of such areas by private enterprise; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Monticello finds: (1) that the redevelopment plan conforms to a general plan for the development of the locality as a whole, and said plan: (i) will afford maximum opportunity, consistent with the sound needs of the locality as a whole, for redevelopment by private enterprise; (ii) conforms to a general plan for the locality as a whole; and (iii) that the plan for relocation of individuals and businesses displaced, if any, in carrying out the project is feasible and can be reasonably and timely affected to permit the proper execution and completion of the redevelopment proposals; and (2) that the City Council of the City of Monticello does hereby approve the Housing and Redevelopment Plan, dated March Adopted this 9th day of April, 1984. Mayor ATTE ity Clerk