1.1 	A bill for an act
1.2 	relating to taxation; tax increment financing; providing special rules for the city 
1.3 	of Wayzata.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. CITY OF WAYZATA; TIF DISTRICT NO. 6.
 1.6 	Notwithstanding Minnesota Statutes, section 469.1763, subdivision 2, the city of Wayzata 
1.7 	may expend increments generated from Tax Increment Financing District No. 6 for the 
1.8 	design and construction of the lakefront pedestrian walkway and community transient lake 
1.9 	public access infrastructure related to the Panoway on Wayzata Bay project, and all of these 
1.10 	expenditures are activities within the district.

1.11 	EFFECTIVE DATE. This section is effective the day after the governing body of the 
1.12 	city of Wayzata and its chief clerical officer comply with the requirements of Minnesota 
1.13 	Statutes, section 645.021, subdivisions 2 and 3.