Planning Commission Resolution 2005-5PLANNING COMMISSION
CITY OF MONTICELLO, MINNESOTA
RESOLUTION NO. 2 00 9-0 9
RESOLUTION OF THE CITY OF MONTICELLO PLANNING COMMISSION
FINDING THAT A MODIFICATION TO THE REDEVELOPMENT PLAN FOR
CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO. 1 AND A TAX
INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT NO. 1-35 CONFORM TO THE GENERAL PLANS FOR THE
DEVELOPMENT AND REDEVELOPMENT OF THE CITY.
WHEREAS, the City Council for the City of Monticello, Minnesota, (the "City") has proposed to
adopt a Modification to the Redevelopment Plan for Central Monticello Redevelopment Project No. 1
(the "Redevelopment Plan Modification") and a Tax Increment Financing Plan for Tax Increment
Financing District No. 1-35 (the "TIF Plan") therefor (the Redevelopment Plan Modification and the TIF
Plan are referred to collectively herein at the "Plans") and has submitted the Plans to the City Planning
Commission (the "Commission") pursuant to Minnesota Statutes, Section 469.175, Subd. 3, and
WHEREAS, the Commission has reviewed the Plans to determine their conformity with the general
plans for the development and redevelopment of the City as described in the comprehensive plan for the
City.
NOW, THEREFORE, BE IT RESOLVED by the Commission that the Plans conform to the general
plans for the development and redevelopment of the City as a whole.
Dated: September 6, 2005
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Chair
ATTEST: