MN SF3056

Extends the collection period for Tax Increment Financing District No. 4 in Sauk Rapids through December 31, 2015, overriding standard state law limitations on TIF district duration

Authorizes tax increment revenues from the district to fund construction of a city hall and public safety facility in Sauk Rapids

Permits use of tax increment funds for all associated costs including design, engineering, land acquisition, site improvements, and infrastructure serving the building

Becomes effective upon compliance by Sauk Rapids city government with Minnesota Statutes sections 469.1782, subdivision 2, and 645.021, subdivision 3