as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:33pm
A bill for an act
relating to taxation; city of Sauk Rapids; extending the time to establish a tax
increment financing district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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Any parcel in the city of Sauk Rapids located within Blocks 26, 27, 59, 61, and 62,
original town of Sauk Rapids Plat, is deemed to meet the requirements of Minnesota
Statutes, section 469.174, subdivision 10, paragraph (d), clause (1), if the following
conditions are met:
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(1) a building on the parcel was demolished in compliance with Minnesota Statutes,
section 469.174, subdivision 10, paragraph (d), clause (2), after the authority adopted a
resolution pursuant to Minnesota Statutes, section 469.174, subdivision 10, paragraph
(d), clause (3); and
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(2) the request for certification of the parcel as part of a district is filed with the
county auditor by December 31, 2012, or three years after the date of demolition,
whichever is later.
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This section is effective upon compliance by the governing
body of the city of Sauk Rapids with the requirements of Minnesota Statutes, section
645.021, subdivision 3.
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