HF 1251

1st Engrossment - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:46am

A bill for an act
relating to economic development; authorizing an economic development
authority to become a limited liability company member.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin WINONA COUNTY ECONOMIC DEVELOPMENT AUTHORITY;
WIND ENERGY PROJECT.
new text end

new text begin (a) The Winona County economic development authority may form or become a
member of a limited liability company organized under Minnesota Statutes, chapter 322B,
for the purpose of developing a community-based energy development project pursuant to
Minnesota Statutes, section 216B.1612. A project authorized by this section may not sell,
transmit, or distribute the electrical energy at retail or provide for end use of the electrical
energy to an off-site facility of the economic development authority or the limited liability
company. Nothing in this section modifies the exclusive service territories or exclusive
right to serve as provided in Minnesota Statutes, sections 216B.37 to 216B.43.
new text end

new text begin (b) The authority may acquire a leasehold interest in property outside its corporate
boundaries for the purpose of developing a community-based energy development project
as provided in Minnesota Statutes, section 216B.1612.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after the county of Winona
and its chief clerical officer comply with Minnesota Statutes, section 645.021, subdivisions
2 and 3.
new text end