HRA Resolution 2002-01MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
CITY OF MONTICELLO
RESOLUTION NO. 02 -01
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF MONTICELLO
CALL FOR A PUBLIC HEARING ON THE MODIFICATION TO THE REDEVELOPMENT
PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO. 1 AND THE
ESTABLISHMENT OF THE TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT 1 -29 (A HOUSING DISTRICT) THEREIN.
BE IT RESOLVED, by the Board of Commissioners (the "Board ") of the Housing and Redevelopment
Authority of Monticello, Minnesota (the "HRA ") as follows:
WHEREAS, the City Council (the "Council ") of the City of Monticello, Minnesota (the "City ")
established Central Monticello Redevelopment Project No. 1 pursuant to Minnesota Statutes, 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
WHEREAS, the HRA is proposing a Modification to the Redevelopment Plan for Central Monticello
Redevelopment Project No. 1 and the establishment of the Tax Increment Financing Plan for Tax Increment
Financing District No. 1 -29 therein, pursuant to, and in accordance with, Minnesota Statutes, Sections
469.174 through 469.179, inclusive, as amended;
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
The HRA hereby requests that the Council call for a public hearing on March 25, 2002 to consider the
proposed adoption of a Modification to the Redevelopment Plan for Central Monticello Redevelopment
Project No. 1 and the proposed adoption of the Tax Increment Financing Plan for Tax Increment
Financing District No. 1 -29 (collectively, the "Plans ") 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 Plans to the Planning Commission of
the City and requests the Planning Commission's written opinion indicating whether the proposed Plans
are in accordance with the Comprehensive Plan of the City, prior to the date of the public hearing.
3. The Executive Director of the HRA is hereby directed to submit a copy of the Plans to the Council for its
approval.
4. The HRA directs the Executive Director to transmit the Plans to the county and the school district(s) in
which Tax Increment Financing District No. 1 -29 is located not later than February 22, 2002.
5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Plan and
related documents and to undertake other actions necessary to bring the Plan before the Council.
Approved by the Board on February 6, 2002.
Chair
ATTEST: