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Planning Commission Resolution 2002-1PLANNING COMMISSION CITY OF MONTICELLO, MINNESOTA RESOLUTION NO. 2002-1 RESOLUTION OF THE CITY OF MONTICELLO PLANNING COMMISSION FINDING THAT A MODIFICATION TO THE REDEVELOPMENT PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT PROJECT NO. 1 AND THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-29 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 and a Tax Increment Financing Plan for Tax Increment Financing District No. 1-29 (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 with the general plans for the development and redevelopment of the City as a whole. Dated: March 12, 2002 Chaff ATTEST: Z? 11 ilaM Vcreiary