Minnesota Legislature
HF 2168
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 03/29/2005 |
Current Version - as introduced
1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16
1.17 1.18 1.19 1.20 1.21 1.22 1.23 1.24 1.25 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.19
2.20 2.21 2.22 2.23 2.24 2.25 2.26 2.27 2.28 2.29 2.30 2.31 2.32 2.33 2.34 2.35 2.36 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9
3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27 3.28 3.29 3.30 3.31 3.32 3.33 3.34 3.35 3.36 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 4.13 4.14 4.15 4.16 4.17 4.18 4.19 4.20 4.21 4.22 4.23 4.24 4.25 4.26 4.27 4.28 4.29 4.30
4.31 4.32
A bill for an act
relating to economic development; modifying Minnesota
redevelopment accounts; amending Minnesota Statutes
2004, sections 116J.571; 116J.572; 116J.574; 116J.575;
repealing Minnesota Statutes 2004, section 116J.573.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2004, section 116J.571, is
amended to read:
116J.571 CREATION OF ACCOUNTS.
Two deleted text begin greater Minnesota deleted text end redevelopment accounts are created,
one in the general fund and one in the bond proceeds fund.
Money in the accounts may be used to make grants as provided in
section 116J.575deleted text begin . Money in the bond proceeds fund may only be
used for eligible costs for publicly owned property. Money in
the general fund may be used deleted text end new text begin and new text end to pay for the commissioner's
costs in reviewing deleted text begin the deleted text end applications new text begin and making grantsnew text end .
Sec. 2.
Minnesota Statutes 2004, section 116J.572, is
amended to read:
116J.572 DEFINITIONS.
Subdivision 1.
Scope of application.
For purposes of
sections 116J.571 to 116J.575, the terms in this section have
the meanings given.
Subd. 2.
Development authority.
"Development authority"
includes a statutory or home rule charter city, county, housing
and redevelopment authority, economic development authority, or
port authority deleted text begin located outside deleted text end new text begin .
new text end
new text begin Subd. 2a. new text end
new text begin Metropolitan area. new text end
new text begin "Metropolitan area" means
new text end
the seven-county metropolitan area, as defined in section
473.121, subdivision 2.
new text begin Subd. 2b. new text end
new text begin Municipality. new text end
new text begin
"Municipality" means the
statutory or home rule charter city, town, or, in the case of
unorganized territory, county in which the redevelopment is
located.
new text end
Subd. 3.
deleted text begin eligible deleted text end new text begin redevelopment new text end costs or costs.
" deleted text begin Eligible deleted text end new text begin Redevelopment new text end costs" or "costs" means the costs of
land acquisition, stabilizing unstable soils new text begin when infill is
requirednew text end , demolition, infrastructure improvements, new text begin and new text end ponding
or other environmental infrastructuredeleted text begin ; building construction,
design and engineering;deleted text end and new text begin costs necessary for new text end adaptive reuse
of buildingsnew text begin , including remedial activitiesnew text end . deleted text begin Eligible costs do
not include project administration and legal fees.
deleted text end
deleted text begin Subd. 4. deleted text end
deleted text begin Redevelopment. deleted text end
deleted text begin
"Redevelopment" means recycling
obsolete, abandoned, or underutilized properties for new
industrial, commercial, or residential uses.
deleted text end
Sec. 3.
Minnesota Statutes 2004, section 116J.574, is
amended to read:
116J.574 GRANT APPLICATIONS.
Subdivision 1.
Application required.
To obtain a
new text begin
redevelopment new text end grant, a development authority shall apply to the
commissioner. new text begin The governing body of the municipality must
approve the application by resolution.
new text end
Subd. 2.
Required content.
The commissioner shall
prescribe and provide the application form. The application
must include at least the following information:
(1) identification of the site;
(2) new text begin a redevelopment plan for the site;
new text end
new text begin
(3) new text end a detailed deleted text begin budget deleted text end new text begin estimatenew text end , deleted text begin including deleted text end new text begin along with
new text end
necessary supporting evidence, of the total new text begin redevelopment new text end costs
for the site deleted text begin including the total eligible redevelopment costsdeleted text end ;
deleted text begin
(3) a complete deleted text end new text begin (4) an assessment of the development
potential or likely use of the site after completion of the
new text end
redevelopment plan, including any specific commitments from
third parties to construct improvements on the site;
deleted text begin
(4) a complete financing plan, including deleted text end new text begin (5) new text end the manner in
which the deleted text begin development authority uses innovative financial
partnerships between government, private for-profit, and
nonprofit sectors deleted text end new text begin municipality will meet the local match
requirementnew text end ; and
deleted text begin
(5) deleted text end new text begin (6) new text end any additional information or material deleted text begin that deleted text end the
commissioner prescribes.
Sec. 4.
Minnesota Statutes 2004, section 116J.575, is
amended to read:
116J.575 GRANTS.
Subdivision 1.
Commissioner discretion.
The commissioner
may make a grant for up to 50 percent of the eligible costs of a
project. new text begin The commissioner shall, in each grant cycle, make
grants so that 50 percent of the dollar value of grants for that
cycle are for projects located outside of the seven-county
metropolitan area as defined in section 473.121, subdivision 2,
and 50 percent are for projects located within the seven-county
metropolitan area. This allocation of grant funds does not
apply for any grant cycle in which the applications received by
the application deadline are insufficient to permit the equal
division of grants between metropolitan and nonmetropolitan
projects.new text end The determination of whether to make a grant for a
site is within the discretion of the commissioner, subject to
this section and sections 116J.571 to 116J.574 and available
unencumbered money in the deleted text begin greater Minnesota deleted text end redevelopment
account. The commissioner's decisions and application of the
priorities under this section are not subject to judicial
review, except for abuse of discretion.
new text begin Subd. 1a. new text end
new text begin Priorities. new text end
new text begin
(a) If applications for grants
exceed the available appropriations, grants shall be made for
sites that, in the commissioner's judgment, provide the highest
return in public benefits for the public costs incurred.
"Public benefits" include job creation, environmental benefits
to the state and region, efficient use of public transportation,
efficient use of existing infrastructure, provision of
affordable housing, multiuse development that constitutes
community rebuilding rather than single-use development, crime
reduction, blight reduction, community stabilization, and
property tax base maintenance or improvement. In making this
judgment, the commissioner shall give priority to redevelopment
projects with one or more of the following characteristics:
new text end
new text begin
(1) the need for redevelopment in conjunction with
contamination remediation needs;
new text end
new text begin
(2) the redevelopment project meets current tax increment
financing requirements for a redevelopment district and tax
increments will contribute to the project;
new text end
new text begin
(3) the redevelopment potential within the municipality;
new text end
new text begin
(4) proximity to public transit if located in the
metropolitan area; and
new text end
new text begin
(5) multijurisdictional projects that take into account the
need for affordable housing, transportation, and environmental
impact.
new text end
new text begin
(b) The factors in paragraph (a) are not listed in a rank
order of priority; rather, the commissioner may weigh each
factor, depending upon the facts and circumstances, as the
commissioner considers appropriate.
new text end
Subd. 2.
Application cycles.
In making grants, the
commissioner shall establish semiannual application deadlines in
which grants will be authorized from all or part of the
available money in the account.
new text begin Subd. 3. new text end
new text begin Match required. new text end
new text begin
In order to qualify for a grant
under sections 116J.571 to 116J.575, the municipality must pay
for at least one-half of the redevelopment costs as a local
match from any money available to the municipality.
new text end
Sec. 5. new text begin REPEALER.
new text end
new text begin
Minnesota Statutes 2004, section 116J.573, is repealed.
new text end