MN HF3365

Extends the requirement in Minnesota Statutes section 469.1763, subdivision 3 for Tax Increment Financing District No. 1-1 in Landfall Village from a five-year to an eight-year period to undertake activities from the date of district certification.

Activities undertaken within eight years of district certification will be considered as meeting the Tax Increment Financing District requirements.

Section becomes effective upon compliance by the governing body of Landfall Village with Minnesota Statutes section 645.021, subdivision 3.