SF 452

as introduced - 90th Legislature (2017 - 2018) Posted on 01/31/2017 09:11am

A bill for an act
relating to the city of Anoka; extending the five-year rule for a tax increment
financing district.

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

Section 1. new text begin CITY OF ANOKA; TIF DISTRICT.
new text end

new text begin For purposes of Minnesota Statutes, section 469.1763, subdivision 3, paragraph (c), the
city of Anoka's Greens of Anoka redevelopment tax increment financing district is deemed
to be certified on June 30, 2012, rather than its actual certification date of July 2, 2012, and
the provisions of Minnesota Statutes, section 469.1763, subdivisions 3 and 4, apply as if
the district were certified on that date.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective upon approval by the governing body
of the city of Anoka and upon compliance by the city with Minnesota Statutes, section
645.021, subdivisions 2 and 3.
new text end