SF 2162

1st Engrossment - 88th Legislature (2013 - 2014) Posted on 08/28/2014 02:59pm

A bill for an act
relating to Hennepin County; modifying the multijurisdictional reinvestment
program; amending Minnesota Statutes 2012, section 383B.79, subdivisions 1,
2, 5.

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

Section 1.

Minnesota Statutes 2012, section 383B.79, subdivision 1, is amended to read:

Subdivision 1.

Program created authorized.

A multijurisdictional reinvestment
program is authorized involving Hennepin County, the Hennepin County Housing and
Redevelopment Authority, and one or more of the following political subdivisions: the
cities of Minneapolis, Brooklyn Center, and other interested statutory or home rule charter
cities in Hennepin County, the Minneapolis Park Board, and the Three Rivers Park District
is created, and any watershed district entirely or partially located in Hennepin County.
The multijurisdictional program must may include plans for housing rehabilitation and
removals, industrial polluted land cleanup, water ponding, environmental cleanup,
community corridor connections, corridor planning, creation of green space, acquisition
of property, development and redevelopment of parks and open space, water quality
and lakeshore improvement, development and redevelopment of housing and existing
commercial projects, economic development, and job creation.

Sec. 2.

Minnesota Statutes 2012, section 383B.79, subdivision 2, is amended to read:

Subd. 2.

Use of appropriations.

Up to one-half of any state appropriation for the
program created authorized in subdivision 1 may be used by the county as a grant to the
cities of Minneapolis and Brooklyn Center to provide assistance in a capital nature for
constructing public infrastructure improvements in order to further economic development.

Sec. 3.

Minnesota Statutes 2012, section 383B.79, subdivision 5, is amended to read:

Subd. 5.

Financing.

Hennepin County or the Hennepin County Housing and
Redevelopment Authority may appropriate funds for any of the activities described in
subdivision 1, whether or not state funds are appropriated for the activity. Hennepin
County may include any part of the costs of a project described in section 469.002,
subdivision 12, or in a designated transit improvement area as defined in section 469.351,
subdivision 1, paragraph (f), in a capital improvement plan adopted under section 373.40,
and may issue bonds for such purposes pursuant to and subject to the procedures and
limitations set forth in section 373.40, whether or not the capital improvement to be
financed is to be owned by the county or any other governmental entity. Such purposes are
in addition to the capital improvements described in section 373.40, but shall not include
a sports facility building designed or used primarily for professional sports. No funds
appropriated under this subdivision may be used to pay operating expenses.