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MN HF2027
Bill
Status
Introduced
1/30/2012
Primary Sponsor
Gregory Davids
Click for details
AI Summary
- Authorizes the city of Bloomington and its port authority to extend the duration limits of tax increment financing district No. 1-G through December 31, 2038
- District No. 1-G includes the former Met Center property, Lindau Lane, and a portion of tax increment financing district No. 1-C north of the existing building line on Lot 1, Block 1, Mall of America 7th Addition
- Excludes Lots 2 and 3 from the extended district boundaries
- Overrides existing provisions in Minnesota Statutes section 469.176 and Laws 1996, chapter 464, article 1, section 8
- Becomes effective upon the city of Bloomington's compliance with Minnesota Statutes sections 469.1782, subdivision 2, and 645.021, subdivision 3
Legislative Description
Bloomington; tax increment financing district time limits extended.
Last Action
Division action, to pass and return to Taxes
3/14/2012
Committee Referrals
Property and Local Tax2/17/2012
Taxes1/30/2012
Full Bill Text
No bill text available