CITY OF MONTICELLO, IOWA
RESOLUTION #2026-14
Scheduling public hearings for February 16, 2026, at 6:00 PM on the Addition
of the MinnTex Expansion as a project in the Urban Renewal Plan
and on the Development Agreement related thereto
WHEREAS, MinnTex is an important local business and employer and has proposed a 7,300 square foot expansion, and
WHEREAS, The City is considering approval of a development agreement that would include tax rebates in accordance with the Urban Renewal Plan, and
WHEREAS, in order to qualify for said tax rebates, the MinnTex expansion must be included as a project in the Urban Renewal Plan, and the Council must adopt a Development Agreement, both of which require a public hearing prior to consideration, and
NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 2nd day of February, 2026, that Public Hearings on the addition of the Minntex Expansion as project in the Urban Renewal Plan, and the related thereto, should be scheduled for the 16th day of February, 2026 at 6:00 p.m., with notice to be published in the Monticello Express as required by the Iowa Code.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 2nd day of February, 2026.
Jake Ellwood, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer