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Planning Commission Resolution 2018-009CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA ]PLANNING COMMISSION RESOLUTION NO. PC -2018-009 A RESOLUTION FINDING THAT THE PROPOSED ACQUISITION] OF CERTAIN LAND FOR REDEVELOPMENT PURPOSES BY THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY IS CONSiS T ENT WITH THE CITY OF MONTICELLO'S COMPREHENSIVE PLAN WHEREAS, the City of Monticello Economic Development Authority (the "Authority") proposes to purchase certain property (the "Property") located at 112 West River Street in the City of Monticello (the "City"), designated as PID No. 155010052131, 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 guided "Downtown," zoned Central Community District, and designated for mixed commercial and multifamily residential uses within the City's comprehensive plan and Small Area Study, 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 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 March, 2018, by the Monticello Planning Commission. PLANNING COMMISS Lo Chair ATTEST: AngelaSchum o unity Development Director