2006 Minnesota Statutes

116J.556 LOCAL MATCH REQUIREMENT.
In order to qualify for a grant under sections 116J.551 to 116J.557, the municipality must pay
for at least one-quarter of the project costs as a local match. The municipality shall pay an amount
of the project costs equal to at least 12 percent of the cleanup costs from the municipality's general
fund, a property tax levy for that purpose, or other unrestricted money available to the municipality
(excluding tax increments). These unrestricted moneys may be spent for project costs, other than
cleanup costs, and qualify for the local match payment equal to 12 percent of cleanup costs. The
rest of the local match may be paid with tax increments, regional, state, or federal money available
for the redevelopment of brownfields or any other money available to the municipality.
History: 1993 c 375 art 13 s 6; 1995 c 255 art 2 s 4; 1997 c 246 s 16; 2003 c 2 art 1
s 15; 2005 c 152 art 2 s 1