The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #19-89
Preliminarily approving Proposed Development Agreement and Scheduling a Public Hearing on the Development Agreement and Amendment to Monticello Urban Renewal Plan to include Mercy Care Monticello Project, for the 15th day of July, 2019 at 6:00 p.m.
WHEREAS, The City of Monticello is contemplating the entry into a development agreement with Mercy Care Monticello in relation to the proposed construction of a new Medical Clinic on Lot 10, Welter Commercial Park, and
WHEREAS, The Council is concurrently considering amendments to the Urban Renewal Plan to provide for the granting of incentives to said Mercy Care project, and
WHEREAS, A public hearing must be scheduled prior to the final approval of a Development Agreement for the pubic to offer input on said Development Agreement and a Public Hearing must also be scheduled to add the proposed project to the Urban Renewal Plan before the City may utilize TIF to pay for said obligations under the Development Agreement, and
WHEREAS, The Council finds that the Development Agreement as drafted should be preliminarily approved and scheduled for Public Hearing after which it may be amended, approved as drafted, or denied, and that a Public Hearing should also be set for the same date and time to amend the Monticello Urban Renewal Plan should the Development Agreement be approved.
NOW, THEREFORE, BE IT RESOLVED by the City Council does hereby schedule a Public Hearing for the 15th day of July, 2019 at 6:00 p.m. at the regularly scheduled City Council Meeting, same to be held in Council Chambers at the Monticello Renaissance Center, at which time the Council will consider the approval of the proposed Development Agreement and the amendment of the Monticello Urban Renewal Plan to allow for the use of tax increment to satisfy and/or pay the incentives as set forth within the Development Agreement.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 17th day of June, 2019.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, City Clerk