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469.312 Job opportunity building zones; limitations.
Subdivision 1. Maximum size. A job opportunity building zone may not exceed 5,000 acres. For a zone designated as an agricultural processing facility zone, the zone also may not exceed the size of a site necessary for the agricultural processing facility, including ancillary operations and space for expansion in the reasonably foreseeable future.
Subd. 2. Subzones. The area of a job opportunity building zone may consist of one or more noncontiguous areas or subzones.
Subd. 3. Outside metropolitan area. The area of a job opportunity building zone must be located outside of the metropolitan area, as defined in section 473.121, subdivision 2.
Subd. 4. Border city development zones. (a) The area of a job opportunity building zone may not include the area of a border city development zone designated under section 469.1731. The city may remove property from a border city development zone contingent upon the area being designated as a job opportunity building zone. Before removing a parcel of property from a border city development zone, the city must obtain the written consent to the removal from each recipient that is located on the parcel and receives incentives under the border city development zone. Consent of any other property owner or taxpayer in the border city development zone is not required.
(b) A city may not provide tax incentives under section 469.1734 to individuals or businesses for operations or activity in a job opportunity building zone.
Subd. 5. Duration limit. The maximum duration of a zone is 12 years. The applicant may request a shorter duration. The commissioner may specify a shorter duration, regardless of the requested duration.
HIST: 1Sp2003 c 21 art 1 s 17
Copyright © 2003 by the Office of the Revisor of Statutes, State of Minnesota. All rights reserved.