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 Owatonna; modifying certain 1.3 tax increment financing requirements for a housing 1.4 district. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [CITY OF OWATONNA; HOUSING TAX INCREMENT 1.7 FINANCING DISTRICT.] 1.8 The provisions of Minnesota Statutes, section 469.176, 1.9 subdivision 7, do not apply to a housing tax increment financing 1.10 district established by the city of Owatonna if certification is 1.11 requested prior to January 1, 1997. 1.12 Sec. 2. [EFFECTIVE DATE.] 1.13 Section 1 is effective upon compliance by the governing 1.14 body of the city of Owatonna with Minnesota Statutes, section 1.15 645.021, subdivision 3.