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Planning Commission Resolution 2018-003CITY OF MONTICELLO WROGHT COUNTY, MINNESOTA MONTICELLO PLANNING COMMISSION RESOLUTION NO. PC -2018-003 A RESOLUTION FINDING THAT THE PROPOSED ACQUISITION OF CERTAIN LAND FOR REDEVELOPMENT PURPOSES BY THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY IS CONSISTENT WITH THE CITY OF MONTICELlLO'S COMPREHENSIVE PLAN WHEREAS, the City of Monticello Economic Development Authority (the "Authority") proposes to purchase certain property (the "Property") located at 224 East 4th Street in the City of Monticello (the "City") and described on the attached Exhibit A, for the purposes of eventual redevelopment; and WHEREAS, Minnesota Statutes, Section 462.356, subd. 2 requires the City Planning Commission to review the proposed acquisition or disposal of publicly -owned real property within the City prior to its acquisition or disposal, to determine whether in the opinion of the Planning Commission, such acquisition or disposal is consistent with the comprehensive municipal plan; and WHEREAS, the Planning Commission has reviewed the proposed acquisition of the Property, and has determined that the Property is located in the single and two-family residential area of the City, an area designated for residential use within the City's comprehensive plan, that the Authority's purpose is to redevelop the Property consistent with these uses, and that the proposed acquisition is therefore consistent with the City's comprehensive plan. NOW, THEREFORE, BE IT RESOLVED, by the Planning Commission of the City of Monticello, that the acquisition of the Property by the Authority is consistent with the City's comprehensive municipal plan, and will promote the redevelopment of a portion of a residential area adjacent to the downtown area of the City. BE IT FURTHER RESOLVED that this resolution be communicated to the Board of Commissioners of the Authority. Adopted this 6th day of February, 2018, by the Monticello Plamling Commission. ATTEST: Angela Sch , C unity Development Director EXHIBIT A Description of Property Lots 5 and 6 in Block "G" in A.C. Riggs Addition to the Townsite of Lower Monticello, Wright County, Minnesota. PID:155019007050