SF 2467

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:36pm

A bill for an act
relating to the city of St. Paul; providing special rules for the expenditure of
tax increments.

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

Section 1. new text begin CITY OF ST. PAUL; TAX INCREMENT FINANCING DISTRICT.
new text end

new text begin Minnesota Statutes, section 469.1763, subdivisions 2 and 3, and section 469.176,
subdivision 4, paragraph (j), do not apply to the expenditure of the tax increments from
the Snelling University tax increment financing district (county #135) established by the
Housing and Redevelopment Authority of the city of St. Paul.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after the governing body of
the city of St. Paul and its chief clerical officer comply with Minnesota Statutes, section
645.021, subdivisions 2 and 3.
new text end