SF 1336

Introduction - 87th Legislature (2011 - 2012)

Posted on 02/23/2012 10:01 a.m.

A bill for an act
relating to the city of Sauk Rapids; authorizing inclusion of certain parcels in a
tax increment financing district.

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

Section 1. new text begin CITY OF SAUK RAPIDS TAX INCREMENT FINANCING
DISTRICT; INCLUSION OF PARCELS.
new text end

new text begin Minnesota Statutes, section 469.176, subdivision 7, that restricts inclusion of parcels
qualifying under Minnesota Statutes, section 273.111, in a tax increment financing
district, does not apply to parcels located in the city of Sauk Rapids with the following
parcel identification numbers: 19.04173.00 and 19.04174.00, if these parcels have been
withdrawn from the program under Minnesota Statutes, section 273.111, by June 30, 2011.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This act is effective the day following final enactment after
compliance by the governing body of the city of Sauk Rapids with the requirements of
Minnesota Statutes, section 645.021, subdivision 3.
new text end