1.1 	A bill for an act
1.2 	relating to the city of Mounds View; changing certain
1.3 	requirements relating to a tax increment financing
1.4 	district; authorizing a conveyance of state interest
1.5 	in property to the city.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. CITY OF MOUNDS VIEW; TAX INCREMENT FINANCING
1.8 	DISTRICT.
 1.9 		Subdivision 1.Establishment. The city of Mounds View
1.10 	may establish within the corporate boundaries of the city one or
1.11 	more redevelopment tax increment financing districts within an
1.12 	area of the city that is currently exempt from taxation and
1.13 	that, because of under use, causes ongoing annual financial
1.14 	losses to the city.  Districts created under this section are
1.15 	subject to the special rules under subdivision 2 and must be
1.16 	located within the area bounded by, and including, on the north
1.17 	County Road J west of Coral Sea Street and 82nd Lane NE east of
1.18 	Coral Sea Street, on the east Coral Sea Street north of 82nd
1.19 	Lane NE and Interstate Highway 35W south of 82nd Lane NE, on the
1.20 	south and southwest U.S. Highway 10, and on the west the western
1.21 	boundary of Outlot A, Sysco, according to the recorded plat
1.22 	thereof, and situated in Ramsey County, Minnesota.
1.23 		Subd. 2.Special rules. (a) If the city elects upon the
1.24 	adoption of the tax increment financing plan for the district,
1.25 	the rules under this section apply to redevelopment tax
2.1 	increment financing districts established by the city of Mounds
2.2 	View or a development authority of the city in the area
2.3 	described in subdivision 1.
2.4 	(b) The five-year rule under Minnesota Statutes, section
2.5 	469.1763, subdivision 3, does not apply.
2.6 	(c) The limitations on spending increment outside of the
2.7 	district under Minnesota Statutes, section 469.1763, subdivision
2.8 	2, and the 90 percent limitation under Minnesota Statutes,
2.9 	section 469.176, subdivision 4j, do not apply, but increments
2.10 	may only be expended on costs, improvements, or activities
2.11 	within the area defined in subdivision 1 and related to
2.12 	development occurring within the area defined in subdivision 1,
2.13 	whether or not included in a redevelopment tax increment
2.14 	financing district, including, but not limited to, payment of
2.15 	bonds and interfund loans of the city, acquisition and removal
2.16 	of existing billboards, acquisition of land and easements,
2.17 	administrative expenses, sanitary sewer, sewer, and water
2.18 	improvements, wetland mitigation, pedestrian pathways, lighting,
2.19 	and road improvements.  Notwithstanding the preceding sentence,
2.20 	increments may be expended on costs, improvements, or activities
2.21 	outside the area defined in subdivision 1, wherever located,
2.22 	whether or not included in a redevelopment tax increment
2.23 	financing district, for sanitary sewer, sewer, and water
2.24 	improvements and improvements to Coral Sea Street, Airport Road,
2.25 	82nd Lane NE, County Road J, U.S. Highway 10, and Interstate
2.26 	Highway 35W so long as such improvements are related to
2.27 	development occurring within the area defined in subdivision 1.
2.28 	(d) The certified original local tax rate for the district
2.29 	under Minnesota Statutes, section 469.177, subdivision 1a, does
2.30 	not apply.
2.31 	(e) The requirements for qualifying a redevelopment
2.32 	district under Minnesota Statutes, section 469.174, subdivision
2.33 	10, do not apply to the area defined in subdivision 1.  The area
2.34 	defined in subdivision 1 shall be deemed eligible for the
2.35 	purpose of qualifying for inclusion in a redevelopment district.
2.36 		Subd. 3.Expiration. The authority to approve tax
3.1 	increment financing plans to establish a tax increment financing
3.2 	district under this section expires on December 31, 2019.
3.3 	
EFFECTIVE DATE. This section is effective upon approval
3.4 	by the governing body of the city of Mounds View and upon
3.5 	compliance by the city with Minnesota Statutes, section 645.021,
3.6 	subdivision 3.

3.7 	Sec.  2.  [CONVEYANCE OF STATE INTEREST IN REAL PROPERTY TO
3.8 	CITY OF MOUNDS VIEW.]
3.9 	(a) Notwithstanding Minnesota Statutes, section 16B.281,
3.10 	16B.282, 92.45, or any other law to the contrary, the
3.11 	commissioner of transportation shall convey to the city of
3.12 	Mounds View all right, title, and interest of the state of
3.13 	Minnesota created by corrective deed dated March 16, 1989, in
3.14 	the land located in Ramsey County, described as:
3.15 	The South Half of the Northeast Quarter of Section 5,
3.16 	Township 30 North, Range 23 West, Ramsey County, Minnesota;
3.17 	which lies northerly and westerly of the following
3.18 	described line:  Commencing at the center of said Section
3.19 	5; thence north on an azimuth of 359 degrees 23 minutes 10
3.20 	seconds (azimuth oriented to Minnesota State Plane
3.21 	Coordinate System) along the north and south quarter line
3.22 	of said Section 5 for 781.42 feet to the point of beginning
3.23 	of the line to be described; thence on an azimuth of 108
3.24 	degrees 12 minutes 41 seconds, 231.14 feet; thence on an
3.25 	azimuth of 98 degrees 27 minutes 03 seconds, 1486.78 feet;
3.26 	thence run northeasterly for 447.16 feet on a nontangential
3.27 	curve, concave to the northwest, having a radius of 720
3.28 	feet, a delta angle of 35 degrees 35 minutes 02 seconds and
3.29 	a chord azimuth of 76 degrees 55 minutes 11 seconds; thence
3.30 	on an azimuth of 59 degrees 07 minutes 40 seconds, 192.89
3.31 	feet; thence run northerly 398.14 feet on a nontangential
3.32 	curve, concave to the northwest, having a radius of 850
3.33 	feet, a delta angle of 26 degrees 50 minutes 15 seconds and
3.34 	a chord azimuth of 29 degrees 26 minutes 05 seconds; thence
3.35 	on an azimuth of 16 degrees 00 minutes 57 seconds, 303.65
3.36 	feet to the north line of said Tract A and there
3.37 	terminating;
3.38 	Containing 40.41 acres, more or less.
3.39 	(b) The conveyance shall be by quit claim deed without
3.40 	consideration in a form approved by the attorney general.
3.41 	(c) This property was acquired by the Department of
3.42 	Transportation for construction of a new portion of Trunk
3.43 	Highway 10 west of Interstate Highway 35W.  The property was not
3.44 	needed for highway purposes.  In 1988, the commissioner of
3.45 	transportation deeded the property to the city of Mounds View
3.46 	subject to a right of reverter.  The state of Minnesota and the
3.47 	Department of Transportation no longer need the right of
4.1 	reverter.
4.2 	(d) If the city of Mounds View does not enter into a fully
4.3 	executed development agreement to redevelop the land described
4.4 	in paragraph (a) by January 1, 2007, all right, title, and
4.5 	interest in the land shall revert back to the Department of
4.6 	Transportation unless the land is still used for a public
4.7 	purpose.  If the land is not subject to a fully executed
4.8 	development agreement and is still used for a public purpose on
4.9 	or after January 1, 2007, the land may continue to be used for
4.10 	such public purpose by the city of Mounds View, subject to a
4.11 	right of reverter if the land ceases to be used for a public
4.12 	purpose.