Minnesota Session Laws - 1987, Regular Session

  

                         Laws of Minnesota 1987 

                         CHAPTER 50-S.F.No. 725 
           An act relating to local government; removing 
          limitations on tax adjustments related to annexations; 
          amending Minnesota Statutes 1986, section 414.035. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1986, section 414.035, is 
amended to read:  
    414.035 [DIFFERENTIAL TAXATION.] 
    Whenever a board order, under sections 414.031, 414.0325 or 
414.033, annexes part or all of a township to a municipality, 
the board may provide that the mill levy of the annexing 
municipality on the area annexed shall be increased in 
substantially equal proportions over not less than two nor more 
than six years to equality with the mill levy on the property 
already within the municipality.  The appropriate period, if 
any, shall be based on the time reasonably required to 
effectively provide full municipal services to the annexed area. 
    Approved April 30, 1987