2006 Minnesota Statutes

469.0721 CANNON FALLS; REDWOOD FALLS; PORT AUTHORITY.
Each of the cities of Cannon Falls and Redwood Falls may, by adoption of an enabling
resolution in compliance with the procedural requirements of section 469.0723, establish a port
authority commission that, subject to section 469.0722, has the same powers as a port authority
established under section 469.049, or other law, and a housing and redevelopment authority
established under chapter 469, or other law, and is an agency that may administer one or more
municipal development districts under section 469.131. The port authority commission may
exercise any of these powers within industrial development districts or within other property under
the jurisdiction of the commission. The port authority commission may enter into agreements
with nonprofit organizations or corporations, including, but not limited to, joint venture and
limited partnership agreements, in order to carry out its purposes. If a city establishes a port
authority commission under this section, the city shall exercise all the powers in dealing with a
port authority that are granted to a city by chapter 458, and all powers in dealing with a housing
and redevelopment authority that are granted to a city by chapter 462, or other law.
History: 1988 c 702 s 17; 1989 c 209 art 2 s 41