as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to the city of Breckenridge; modifying tax 1.3 increment financing requirements. 1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. [CITY OF BRECKENRIDGE; TAX INCREMENT DISTRICT.] 1.6 Notwithstanding the provisions of Minnesota Statutes, 1.7 section 469.176, subdivision 1c, the duration of the city of 1.8 Breckenridge tax increment financing district number 1-1 may be 1.9 extended by resolution of the Breckenridge city council until 1.10 April 1, 2009. 1.11 Sec. 2. [EFFECTIVE DATE; APPROVAL.] 1.12 Section 1 is effective the day after compliance with 1.13 Minnesota Statutes, sections 469.1782 and 645.021, subdivision 2.