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HF 1663

1st Engrossment - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Introduction Posted on 03/17/1997
1st Engrossment Posted on 04/10/1997

Current Version - 1st Engrossment

  1.1                          A bill for an act 
  1.2             relating to Lake county; providing for the 
  1.3             establishment of a redevelopment project area and 
  1.4             redevelopment tax increment financing districts to 
  1.5             finance certain costs of wastewater collection and 
  1.6             treatment facilities. 
  1.9      Subdivision 1.  [AUTHORIZATION.] (a) Upon approval of the 
  1.10  board of commissioners of the county of Lake by resolution, a 
  1.11  redevelopment project shall be established by the housing and 
  1.12  redevelopment authority in and for Lake county for the purposes 
  1.13  of the Minnesota Statutes, sections 469.001 to 469.047.  The 
  1.14  redevelopment project is comprised of the land in Lake county 
  1.15  within the North Shore Management area, described as the land 
  1.16  between the ordinary high water level of Lake Superior and the 
  1.17  forty-acre subdivision lines of the rectangular coordinate 
  1.18  system, established in the United States Public Land Survey, 
  1.19  nearest to a line 1000 feet from the shoreline of Lake Superior 
  1.20  or 300 feet landward from the centerline of United States 
  1.21  Highway number 61, whichever is greater, as well as the land on 
  1.22  which forcemain lines, treatment ponds, and other improvements 
  1.23  for the wastewater collection and treatment facilities described 
  1.24  in subdivision 2 are to be located; the remaining portion of 
  1.25  section 6, township 53, range 9, and all of the sections 28, 29, 
  1.26  30, 31, and 32 lying within township 54 north range 9 west of 
  2.1   the fourth principal meridian. 
  2.2      (b) Notwithstanding the provisions of Minnesota Statutes, 
  2.3   sections 469.174 to 469.179, upon approval of the board of 
  2.4   commissioners of Lake county by resolution, the authority may 
  2.5   establish one or more redevelopment tax increment financing 
  2.6   districts within the redevelopment project described in 
  2.7   paragraph (a). 
  2.8      Subd. 2.  [SPECIAL RULES.] (a) A district established under 
  2.9   the authority of subdivision 1 is subject to Minnesota Statutes, 
  2.10  sections 469.174 to 469.179, except as provided in this 
  2.11  subdivision.  
  2.12     (b) Minnesota Statutes, section 469.175, subdivision 3, 
  2.13  clauses (1) and (2), do not apply.  
  2.14     (c) Notwithstanding Minnesota Statutes, section 469.176, 
  2.15  subdivisions 1 and 1b, tax increment revenue generated from each 
  2.16  district may be paid to the authority until the earliest of (i) 
  2.17  25 years from the receipt by the authority of the first tax 
  2.18  increment revenue from such district; (ii) the date upon which 
  2.19  all costs of the project have been paid; or (iii) the date the 
  2.20  authority requests decertification of such district.  
  2.21     (d) Notwithstanding Minnesota Statutes, section 469.176, 
  2.22  subdivision 4j, tax increment revenue generated from each 
  2.23  district shall be used solely to pay costs related to the 
  2.24  acquisition, construction, and installation of wastewater 
  2.25  collection and treatment facilities within the project area and 
  2.26  the administrative costs of the authority related to the project 
  2.27  area.  
  2.28     (e) Minnesota Statutes, section 469.1763, does not apply.  
  2.29     (f) Minnesota Statutes, section 469.177, subdivision 4, 
  2.30  does not apply.  
  2.31     Sec. 2.  [EFFECTIVE DATE.] 
  2.32     Section 1 is effective upon compliance by the board of 
  2.33  commissioners of Lake county with Minnesota Statutes, section 
  2.34  645.021, subdivision 2.