Planning Commission Resolution 1988-1PLANNING COMMISSION RESOLUTION 88-1
RESOLUTION APPROVING MODIFICATION #3
OF AN EXISTING TAX INCREMENT FINANCE PLAN
FOR REDEVELOPMENT DISTRICT #2
WHEREAS, the Monticello Housing and Redevelopment Authority has adopted a
resolution modifying the Tax Increment Finance Plan for Redevelopment
District #2; and
WHEREAS, the plan entitled Modification #3 of the Tax Increment Finance Plan
for Redevelopment District #2 has been submitted to the Planning Commission as
required by Minnesota Statute, Section 462;
NOW, THEREFORE, BE IT RESOLVED BY THE PLANNING COMMISSION FOR THE CITY OF
MONTICELLO, MINNESOTA, THAT:
1. The modified Finance Plan for Tax Increment Redevelopment District #2
is found to carry out the purpose and policy of the Comprehensive
Plan for the City of Monticello, Minnesota, and is hereby in all
respects approved.
2. A copy of this resolution be forwarded to the City Council of the
City of Monticello.
Adopted this 4th day of October, 1988.
C
c
Chair"
Monticello Planning Commission
'4sl,W e14
Gary 'Anderson
Zoning Administrator