Loading chat...
MN HF3488
Bill
Status
3/8/2010
Primary Sponsor
Dan Severson
Click for details
AI Summary
-
Extends the Sauk Rapids Housing and Redevelopment Authority's ability to collect tax increment from Tax Increment Financing District No. 4 through December 31, 2015.
-
Allows tax increment revenues from District No. 4 to fund construction of a city hall and public safety facility in Sauk Rapids, including all associated design, engineering, land acquisition, site improvements, and infrastructure costs.
-
Becomes effective upon compliance by Sauk Rapids' governing body with Minnesota Statutes sections 469.1782, subdivision 2, and 645.021, subdivision 3.
Legislative Description
Sauk Rapids; tax increment duration financing district extended, and expenditures authorized.
Last Action
House: Introduction and first reading, referred to Taxes
3/8/2010