SF 1312

Introduction - 83rd Legislature (2003 - 2004)

Posted on 12/15/2009 12:00 a.m.

  1.1                          A bill for an act 
  1.2             relating to the city of Roseville; authorizing 
  1.3             creation of a tax increment financing district subject 
  1.4             to certain rules. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [CITY OF ROSEVILLE; TAX INCREMENT FINANCING 
  1.7   DISTRICT.] 
  1.8      Subdivision 1.  [SPECIAL RULES.] (a) At the election of the 
  1.9   city, upon adoption of the tax increment financing plan for a 
  1.10  district or districts described in this section, the rules 
  1.11  provided under this section apply to each such district. 
  1.12     For purposes of this section, "district" means a 
  1.13  redevelopment or soils condition tax increment financing 
  1.14  district established by the city of Roseville or the economic 
  1.15  development authority of the city within an area generally 
  1.16  described as follows:  from the Northwest corner of Section 4, 
  1.17  Township 29, Range 23, Ramsey County, Minnesota, south 1,265 
  1.18  feet along the centerline of Cleveland Avenue to the point of 
  1.19  beginning, then easterly a distance of approximately 902 feet, 
  1.20  then southerly 315 feet, then easterly 416 feet to the west 
  1.21  right-of-way line of the 33 foot wide Prior Avenue, then 
  1.22  southerly along that line approximately 602 feet to the 
  1.23  intersection with a line running southwesterly approximately 790 
  1.24  feet to a point along the centerline of County Road C-2 which is 
  1.25  approximately 980 feet east of its intersection with the 
  2.1   centerline of Cleveland Avenue, then southerly approximately 650 
  2.2   feet, then easterly 35 feet, then southerly approximately 300 
  2.3   feet, then easterly 240 feet, then southerly 270 feet, then 
  2.4   easterly 580 feet, then north and easterly along an irregular 
  2.5   line on the eastern boundary of Langton Lake a distance of 835 
  2.6   feet, then easterly 2,346 feet along the south edge of platted 
  2.7   and Oasis Park property, then southerly a distance of 2,101 feet 
  2.8   to the south right-of-way of County Road C, then westerly along 
  2.9   the south right-of-way a distance of approximately 4,210 feet to 
  2.10  the intersection with the centerline of Cleveland Avenue, then 
  2.11  northerly along the Cleveland Avenue centerline a distance of 
  2.12  approximately 4,371 feet to the point of beginning.  Also 
  2.13  included are the additional connected public rights-of-way and 
  2.14  public lands as follows:  the Terrace Drive right-of-way from 
  2.15  the eastern boundary of the Business Park boundary, easterly 
  2.16  approximately 1,000 feet to the intersection with the western 
  2.17  right-of-way of Snelling Avenue; the County Road C right-of-way 
  2.18  from the eastern boundary of the Business Park boundary, 
  2.19  easterly approximately 1,080 feet to the intersection with the 
  2.20  centerline of Snelling Avenue; and the area generally west of 
  2.21  Cleveland Avenue between Cleveland Avenue and marked Interstate 
  2.22  Highway 35W, from County Road C approximately 3,000 feet north, 
  2.23  encompassing entry ramps, wetlands, and regional storm water 
  2.24  storage ponds. 
  2.25     (b) The five-year rule under Minnesota Statutes, section 
  2.26  469.1763, subdivision 3, applies as if the limit is nine years. 
  2.27     (c) The limitations on expenditure of increment outside of 
  2.28  the district under Minnesota Statutes, section 469.1763, 
  2.29  subdivision 2, do not apply, provided that increments may only 
  2.30  be expended on improvements or activities within the areas 
  2.31  identified in paragraph (a). 
  2.32     (d) The requirement relating to the original local tax rate 
  2.33  for the district under Minnesota Statutes, section 469.177, 
  2.34  subdivision 1a, does not apply. 
  2.35     Subd. 2.  [APPLICATION OF OTHER LAWS.] All references in 
  2.36  Minnesota Statutes to tax increment financing districts created 
  3.1   and tax increments generated under Minnesota Statutes, sections 
  3.2   469.174 to 469.1799, apply subject to this section, provided 
  3.3   that Minnesota Statutes, sections 469.174 to 469.1799, apply 
  3.4   only to the extent specified in this section. 
  3.5      Subd. 3.  [EXPIRATION.] (a) The exception under subdivision 
  3.6   1, paragraph (c), from the limitations of Minnesota Statutes, 
  3.7   section 469.1763, subdivision 2, expires 20 years after the 
  3.8   receipt of the first increment from a district for which the 
  3.9   city has elected that this section applies. 
  3.10     (b) The authority to approve tax increment financing plans 
  3.11  to establish a tax increment financing district subject to this 
  3.12  section expires on December 31, 2013. 
  3.13     [EFFECTIVE DATE.] This section is effective upon approval 
  3.14  by the governing bodies of the city of Roseville and Ramsey 
  3.15  county and upon compliance by the the city with Minnesota 
  3.16  Statutes, section 645.021, subdivision 3.