Minnesota Session Laws - 2002, Regular Session

                            CHAPTER 356-S.F.No. 3257 
                  An act relating to municipalities; housing and 
                  redevelopment authority officers; adding an exception 
                  to conflict of interest provisions; amending Minnesota 
                  Statutes 2000, section 471.88, by adding a subdivision.
        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
           Section 1.  Minnesota Statutes 2000, section 471.88, is 
        amended by adding a subdivision to read: 
           Subd. 19.  [LOAN FOR HRA OFFICER, IF DISCLOSED.] If a city 
        or county housing and redevelopment authority, or an agency 
        having the powers of a city or county housing and redevelopment 
        authority, administers a loan or grant program with state or 
        federal funds, the authority may make a grant or loan from these 
        funds to a public officer of the authority who applies, if the 
        public officer first discloses, as part of the official minutes 
        of a meeting of the authority, that the public officer has 
        applied for the funds and the public officer abstains from 
        voting on the public officer's application. 
           Presented to the governor April 30, 2002 
           Signed by the governor May 1, 2002, 2:37 p.m.