SF 1895

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to economic development; authorizing
metropolitan area counties to form economic
development authorities; amending Minnesota Statutes
2004, section 469.1082, subdivision 1.

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

Section 1.

Minnesota Statutes 2004, section 469.1082,
subdivision 1, is amended to read:

Subdivision 1.

Authority to create.

A county deleted text begin located
outside the metropolitan area deleted text end may form a county economic
development authority or grant a housing and redevelopment
authority the powers specified in subdivision 4, clause (2), if
it receives a recommendation to do so from a committee formed
under subdivision 2. An economic development authority
established under this section has all the powers and rights of
an authority under sections 469.090 to 469.1081, except the
authority granted under section 469.094 if so limited under
subdivision 4. This section is in addition to any other
authority to create a county economic development authority or
service provider.

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end