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Office of the Revisor of Statutes

SF 3218 Senate Long Description

Authorizing the city of Minneapolis to designate an upper harbor redevelopment zone in a certain geographic area and to establish upper harbor redevelopment tax increment (TIF) districts and projects within the zone, specifying certain district boundaries requirements; authorizing and providing for the city to issue general obligation bonds to finance redevelopment, business relocation and land and structure acquisition costs; creating the upper harbor redevelopment fund and specifying the priority of payments from the fund; appropriating money to the commissioner of finance for deposit in the fund (je)