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Planning Commission Resolution 1998-2PLANNING COMMISSION CITY OF MONTICELL09 MINNESOTA RESOLUTION 19 9 8 — 2 RESOLUTION OF 1 H1; MONTICELLO PLANNING COMMISSION FINDING THAT THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR 1 nE CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO.1 AND THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-24 CONFORM TO 1 nE GENERAL PLANS FOR 11iE DEVELOPMENT AND REDEVELOPMENT OF 1.t E CITY. WHEREAS, the City Council for the City of Monticello, Minnesota, (the "City") has proposed to adopt a Modified Redevelopment Plan for Central Monticello Redevelopment Project No. 1 and a Tax Increment Financing Plan for Tax Increment Financing District No. 1-24 (collectively, the "Plans") and has submitted the Plans to the Monticello Planning Commission (the "Commission") pursuant to Minnesota Statutes, Section 469.175, Subdivision 3, and WHEREAS, the Commission has reviewed the Plans to determine their conformity with the general plans for the development and redevelopmentofthe City as described in the comprehensive plan for the City. NOW, THEREFORE, BE IT RESOLVED by the Commission that the Plans conform with the general plans for the development and redevelopment of the City as a whole. Adopted this 4 th day of August A1'TEST: C)cu� J: Secretary 1998. Chair