HRA Resolution 2006-07MIONTICEILILO HOUSING AND REDEVELOPMENT AUTHORITY
CITE' OF MONTICELLO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2006 -07
RESOLUTION REQUESTING THE CITY COUNCIL.., OF THE CITY OF MONTICEILILO
CALL.. FOR A PUBLIC HEARING ON A MODIFICATION TO THE TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT I -2 AND A
MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT
FINANCING DISTRICT NO. 1 -24
BE IT RESOLVED, by the Board of Commissioners (the "Board ") of the Monticello Housing and
Redevelopment Authority (the "HRA ") as follows:
WHEREAS, the City Council (the "Council ") of the City of Monticello, Minnesota (the "City ") established
Tax Increment Financing District No. 1 -2 and Tax Increment Financing District No. 1 -24 pursuant to Minnesota
Statutes, Sections 469.174 through 469.1799, inclusive, as amended, in an effort to encourage the development
and redevelopment of certain designated areas within the City; and
WHEREAS, the HRA is proposing a Modification to the Tax Increment Financing Plan for Tax Increment
Financing District No. 1 -2 and a Modification to the Tax Increment Financing Plan for Tax Increment Financing
District No. 1 -24, all pursuant to, and in accordance with, Minnesota Statutes, Sections 469.174 through
469.1799 and Sections 469.001 to 469.047, inclusive, as amended;
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
1. The HRA hereby requests that the Council call for a public hearing on June 13, 2006, to consider the
proposed adoption of a Modification to the Tax Increment Financing Plan for Tax Increment Financing
District No. 1 -2 (a housing district) and a Modification to the Tax Increment Financing Plan for Tax
Increment Financing District No. 1 -24 (a redevelopment district), (the "Modifications ") and cause notice of
said public hearing to be given as required by law.
2. The HRA directs the Executive Director to transmit copies of the Modifications to the Planning
Commission of the City and requests the Planning Commission's written opinion indicating whether the
proposed Modifications are in accordance with the Comprehensive Plan of the City, prior to the date of the
public hearing.
The Executive Director of the HRA is hereby directed to submit a copy of the Modifications to the Council
for its approval.
4. The HRA directs the Executive Director to transmit the Modifications to the county and the school
district(s) in which Tax Increment Financing District No. 1 -2 and Tax Increment Financing District No. 1-
24 is located not later than May 12, 2006.
Staff and consultants are authorized and directed to take all steps necessary to prepare the Modifications
and related documents and to undertake other actions necessary to bring the Modifications before the
Council.
Approved by the Board on April 5, 2006.
ATTEST:
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