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SF 1788

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

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

Current Version - as introduced

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A bill for an act
relating to economic development; requiring registration of certain relative
homesteads; appropriating money for a University of Minnesota area
neighborhood alliance; amending Minnesota Statutes 2006, section 273.124, by
adding a subdivision.

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

Section 1.

Minnesota Statutes 2006, section 273.124, is amended by adding a
subdivision to read:


new text begin Subd. 22. new text end

new text begin Annual registration of certain relative homesteads. new text end

new text begin If the owner of
property or the owner's relative who occupies property that is classified as a homestead
under subdivision 1, paragraph (c), receives compensation for allowing occupancy of any
part of that property for a period that exceeds 31 consecutive days during the calendar
year, the recipient of the compensation must register the property with the city in which
it is located no later than 60 days after the initial rental period began. This requirement
applies to property located in a city that has a population over 25,000. Each city must
maintain a file of these property registrations that is open to the public, and retain the
registrations for one year after the date of filing.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2007.
new text end

Sec. 2. new text begin UNIVERSITY OF MINNESOTA MINNEAPOLIS AREA
NEIGHBORHOOD ALLIANCE.
new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin (a) For purposes of this section, the following terms
have the meanings given them.
new text end

new text begin (b) "Alliance" means a representative body of the constituencies, including, but
not limited to, the University of Minnesota, the city of Minneapolis, and the recognized
neighborhood organizations and business associations referenced in the report.
new text end

new text begin (c) "Board" means the Board of Regents of the University of Minnesota.
new text end

new text begin (d) "Report" means the report and appendix entitled Moving Forward Together:
University of Minnesota Minneapolis Area Neighborhood Impact Report, submitted to
the legislature in February 2007.
new text end

new text begin (e) "University partnership district" or "district" means the area located within the
city that includes the neighborhoods of Cedar-Riverside, Marcy-Holmes, South East
Como, Prospect Park, and University, as they are defined by the city, and the university's
Minneapolis campus.
new text end

new text begin (f) "University" means the University of Minnesota.
new text end

new text begin Subd. 2. new text end

new text begin Alliance; functions. new text end

new text begin The alliance may facilitate, initiate, or manage
projects with the board, city, or other public or private entities that are intended to
maintain the university partnership district as a viable place to study, research, and live.
Projects may include, but not be limited to, those outlined in the report, as well as efforts
to involve students in activities to maintain and improve the university partnership
district; cooperative university and university partnership district long-term planning; and
incentives to increase homeownership within the district with particular emphasis on
employees of the university and of other major employers located within the district.
new text end

new text begin Subd. 3. new text end

new text begin Report. new text end

new text begin The board must report to the legislature by January 15, 2009, on
the expenditure of funds appropriated under section 3.
new text end

Sec. 3. new text begin APPROPRIATION.
new text end

new text begin $750,000 in fiscal year 2008 is appropriated from the general fund to the Board of
Regents to assist in formation of the alliance and for projects identified in section 2. The
alliance, board, and city may cooperate on the projects and may use the services of other
entities to complete all or a portion of a project.
new text end