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

1.5 	Section 1. CITY OF CHATFIELD; TIF AUTHORITY; ECONOMIC 
1.6 	DEVELOPMENT AUTHORIZATION.
 1.7 	Notwithstanding Minnesota Statutes, section 469.176, subdivision 4c, paragraph (b), or 
1.8 	any other law to the contrary, the city of Chatfield, or its economic development authority, 
1.9 	may establish an economic development district to construct a multilevel hotel on Mill 
1.10 	Creek Road and Division Street NW, south of Trunk Highway 30, in the city of Chatfield, 
1.11 	Olmsted County, provided that the first floor of the hotel not exceed 15,000 square feet. 
1.12 	For purposes of this section, "first floor" means the floor at street level where the public is 
1.13 	permitted to enter and exit.

1.14 	EFFECTIVE DATE. This section is effective the day after the governing body of the 
1.15 	city of Chatfield and its chief clerical officer comply with the requirements of Minnesota 
1.16 	Statutes, section 645.021, subdivisions 2 and 3.