Bill Text: MN HF1601 | 2011-2012 | 87th Legislature | Introduced

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Bill Title: Sauk Rapids; inclusion of parcels in a tax increment financing district authorized.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-04-28 - Introduction and first reading, referred to Taxes [HF1601 Detail]

Download: Minnesota-2011-HF1601-Introduced.html

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A bill for an act

relating to the city of Sauk Rapids; authorizing inclusion of certain parcels in a
tax increment financing district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

    Section 1. CITY OF SAUK RAPIDS TAX INCREMENT FINANCING
DISTRICT; INCLUSION OF PARCELS.
Minnesota Statutes, section 469.176, subdivision 7, that restricts inclusion of parcels
qualifying under Minnesota Statutes, section 273.111, in a tax increment financing
district, does not apply to parcels located in the city of Sauk Rapids with the following
parcel identification numbers: 19.04173.00 and 19.04174.00, if these parcels have been
withdrawn from the program under Minnesota Statutes, section 273.111, by June 30, 2011.
EFFECTIVE DATE.This act is effective the day following final enactment after
compliance by the governing body of the city of Sauk Rapids with the requirements of
Minnesota Statutes, section 645.021, subdivision 3.