RES 16-01PLANNING COMMISSION
CITY OF OTSEGO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2016-01
RESOLUTION OF THE CITY OF OTSEGO PLANNING COMMISSION
FINDING THAT A DEVELOPMENT PROGRAM FOR DEVELOPMENT
DISTRICT NO. 1 AND A TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 1 - GREAT RIVER CENTRE
CONFORM TO THE GENERAL PLANS FOR THE DEVELOPMENT AND
REDEVELOPMENT OF THE CITY.
WHEREAS, the City of Otsego (the "City") has proposed to adopt a Development Program for
Development District No. 1 (the "Development Program") and a Tax Increment Financing Plan for Tax
Increment Financing District No. 1 - Great River Centre (the "TIF Plan") therefor (the Development
Program and the TIF Plan are referred to collectively herein as the "Program and Plan") and has
submitted the Program and Plan to the City Planning Commission (the "Commission") pursuant to
Minnesota Statutes, Section 469.175, Subd. 3, and
WHEREAS, the Commission has reviewed the Program and Plan 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 Program and Plan conform to
the general plans for the development and redevelopment of the City as a whole.
Dated: February 1, 2016
Chair
F."M =
Secretary