sentences:  Founded in 1849 in the Arkansas Timberlands very near the Arkansas Delta region, the city has long been a commercial, cultural and educational hub for southeast Arkansas.With a historically agriculture- and silviculture-based economy, Monticello has diversified to include growth from the medical sector and the University of Arkansas at Monticello (UAM).When Drew County was formed in 1846, its citizens decided that a new town should be built to serve as the county seat.