1.1 	A bill for an act
1.2 	relating to taxation; the city of Medina; authorizing extension of time for certain 
1.3 	activities in tax increment financing district.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. CITY OF MEDINA; EXTENSION OF TIME FOR ACTIVITY IN A 
1.6 	TAX INCREMENT FINANCING DISTRICT.
 1.7 	The requirement of Minnesota Statutes, section 469.1763, subdivision 3, that 
1.8 	activities must be undertaken within a five-year period from the date of certification of 
1.9 	a tax increment financing district, is considered to be met for Tax Increment Financing 
1.10 	District No. 1-9 administered by the city of Medina if the activities are undertaken within 
1.11 	ten years from the date of certification of the district.

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