as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to Yellow Medicine county; allowing an 1.3 extended duration for a redevelopment tax increment 1.4 financing district. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [YELLOW MEDICINE COUNTY.] 1.7 The governing body of Yellow Medicine county may elect to 1.8 extend the duration of redevelopment tax increment financing 1.9 district No. 1-1 in development district 1 by up to ten 1.10 additional years. 1.11 [EFFECTIVE DATE.] This section is effective upon compliance 1.12 with the requirements of Minnesota Statutes, sections 469.1782, 1.13 subdivision 2, and 645.021.