1.1 	A bill for an act
1.2 	relating to taxation; tax increment financing; allowing city of North St. Paul an 
1.3 	extension of the five-year rule for two districts.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. CITY OF NORTH ST. PAUL; TAX INCREMENT FINANCING.
 1.6 	The requirements of Minnesota Statutes, section 469.1763, subdivision 3, that 
1.7 	activities must be undertaken within a five-year period from the date of certification of a 
1.8 	tax increment financing district is considered to be met for the Old City Hall (4-3) and 
1.9 	Charles Street (4-4) tax increment financing districts in the city of North St. Paul if the 
1.10 	activities are undertaken within ten years from the date of certification of the districts.

1.11 	EFFECTIVE DATE. This section is effective upon compliance by the governing 
1.12 	body of the city of North St. Paul with the requirements of Minnesota Statutes, section 
1.13 	645.021.