Planning Commission Resolution 1997-1PLANNING COMMISSION
CITY OF MONTICELLO, MINNESOTA
RESOLUTION 19 9 7 -1
RESOLUTION OF THE MONTICELLO PLANNING COMMISSION FINDING
THAT THE MODIFICATION OF CENTRAL MONTICELLO REDEVELOPMENT
PROJECT NO. 19 i Iik; MODIFICATION OF TAX INCREMENT FINANCING
DISTRICT NO. 1-17, AND i hk; ESTABLISHMENT OF TAX INCREMENT
FINANCING DISTRICT NO. 1-22 CONFORM TO i hk; GENERAL PLANS FOR
THE DEVELOPMENT AND REDEVELOPMENT OF i Ihk; CITY.
WHEREAS, the City Council for the City of Monticello has proposed to adopt a Modified Redevelopment
Plan for Central Monticello Redevelopment Project No. 1, a Modification to the Tax Increment Financing Plan
for Tax Increment Financing District No. 1-17, and a Tax Increment Financing Plan for Tax Increment
Financing District No. 1-22 (collectively, the "Plans") and have submitted the Plans to the Monticello
Planning Commission pursuant to Minnesota Statutes, Section 469.175, Subdivision 3, and
WHEREAS, the Planning Commission has reviewed the Plans to determine their consistency 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 Planning Commission that the Plans are consistent with
the general plans for the development and redevelopment of the City of Monticello.
Adopted this 4th day of March , 1997.
Chair
A 11 hST:
Secretary
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