Loading chat...
MN HF26
Bill
Status
6/12/2020
Primary Sponsor
Jerry Hertaus
Click for details
AI Summary
-
City of Maple Plain may establish a redevelopment tax increment financing district within property identification numbers 2411824340069 and 2411824340028.
-
The district is deemed to meet all requirements of Minnesota Statutes, section 469.174, subdivision 10, without needing to separately demonstrate compliance.
-
The five-year rule under Minnesota Statutes, section 469.1763, subdivision 3, is extended to ten years for this district.
-
Authority to approve a tax increment financing plan for this district expires December 31, 2025.
-
The law becomes effective the day after the city of Maple Plain's governing body and chief clerical officer comply with Minnesota Statutes, section 645.021.
Legislative Description
Maple Plain; tax increment financing district establishment authorized.
Last Action
Introduction and first reading, referred to Property and Local Tax Division
6/12/2020