language to be deleted (2) new language
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.