Legislative Session number- 81

Bill Name: SF1876

E Relating to public administration; imposing and modifying conditions and
limits on the use of public debt; school district funds invested in refunding
escrow accounts to be considered on deposit with the paying agent before the
payment due date for default protection purposes; providing for tax exempt
treatment of property owned or operated by limited liability companies
consisting of a sole member; changing the Dakota county housing and
redevelopment authority to the Dakota county community development agency and
expanding powers; expanding the authority of municipal or redevelopment agencies
to issue bonds for health facilities to certain nonprofit facilities;
authorizing the commissioner of economic security to authorize the cities of
Minneapolis and St. Paul to use enterprise zone incentive grants for employer
focused workforce development initiatives designed to promote the hiring and
retention of city residents; authorizing the metropolitan council to issue
certificates of indebtedness, bonds or other obligations for capital
expenditures under the transit capital improvement program, limit, prohibiting
use for light rail transit (LRT) and requiring proportional expenditure of funds
on projects as recommended by the regional transit capital evaluation committee;
authorizing the metropolitan council to issue bonds for the public safety radio
communication system, prohibiting use of the proceeds for portable or subscriber
radio sets; authorizing cities, counties, towns or school districts issuing
obligations to sell original issue discount obligations with a stated principal
amount in excess of the authorized amount and the sale price and to issue
obligations without election to refund existing debt of indoor ice arenas used
predominantly for youth athletic activities under certain conditions; modifying
certain bond sale advertisement and published notice requirements; authorizing
the Cuyuna range joint powers economic development authority to exercise the
powers of an economic development authority delegated by member cities including
the authority to own and operate a civic center facility; reenacting certain
property tax reform provisions relating to low income housing, residential
homesteads and certain apartment property, certain provisions providing for
local abatement of property taxes and certain tax increment financing (TIF)
provisions; authorizing and providing for the Duluth city council to by
ordinance provide for the issuance of general obligation revenue refunding bonds
to refund the gross revenue recreation facility bonds issued for the Duluth
entertainment convention center (DECC) Imax dome theater project; authorizing
the issuance of general obligation revenue bonds by the Long Prairie HRA to
renovate the Hotel Reichert building on the national register of historic places
without the requirement of ownership by the issuer; exempting HRA structured
parking facilities immediately adjacent to the development from competitive
bidding requirements under certain bond issuance conditions; authorizing the
city of Woodbury to issue general obligations to fund the construction of a
highway interchange at the intersection of I-494 and Tamarack road; specifying
certain term change instructions to the revisor of statutes (mk, ja)