MN HF2591

Allows the city of Bloomington and its port authority to extend Tax Increment Financing District No. 1-I (Bloomington Central Station property) beyond the standard duration limits under Minnesota Statutes section 469.176

Extends the tax increment financing district duration through December 31, 2038

Exempts this extension from standard state law provisions governing tax increment financing district duration limits

Becomes effective upon the city of Bloomington's compliance with Minnesota Statutes sections 469.1782, subdivision 2, and 645.021, subdivision 3