MN SF4455

Lake City's port authority commission may exercise the same powers as a municipal housing and redevelopment authority, except it cannot levy taxes, issue debt or bonds, or exercise eminent domain powers

The city of Lake City retains control over all housing and redevelopment authority powers, with the port authority commission serving in an advisory capacity

Lake City may approve Laws 2021, chapter 19, section 1 by resolution and file with the secretary of state by January 1, 2027, bypassing normal statutory time limits

If Lake City approves the 2021 law under this provision, all prior actions taken under that law and section 469.0773 are validated retroactively

Both sections take effect the day following final enactment