as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to municipalities; housing and redevelopment 1.3 authority officers; adding an exception to conflict of 1.4 interest provisions; amending Minnesota Statutes 2000, 1.5 section 471.88, by adding a subdivision. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 2000, section 471.88, is 1.8 amended by adding a subdivision to read: 1.9 Subd. 19. [LOAN FOR HDA OFFICER, IF DISCLOSED.] If a city 1.10 or county housing and redevelopment authority, or an agency 1.11 having the powers of a city or county housing and redevelopment 1.12 authority, administers a loan or grant program with state or 1.13 federal funds, the authority may make a grant or loan from these 1.14 funds to a public officer of the authority who applies, if the 1.15 public officer first discloses, as part of the official minutes 1.16 of a meeting of the authority, that the public officer has 1.17 applied for the funds and the public officer abstains from 1.18 voting on the public officer's application.